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[RT] Re: Unnoticed thoughts



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> As far as Merriman, what you linked is not what I referred to.

> That link may refer to his management of client money using certain
> funds...and for some reason he does not do that very well. I would 
not even hazard a guess. It does not corelate his signals.

Maybe he doesn't subscribe to his own signals?

Ah, my dad always said: "Do as I say, not as I do."

As I always say: "The bottom line IS the bottom line."


--- In realtraders@xxxxxxxxxxxxxxx, <jvc689@xxxx> wrote:
> 
> I think I have answered all of your questions and you are entitled 
to
> disagree.
> 
> As far as Merriman, what you linked is not what I referred to. I 
did a
> careful analalyzation of all his signals and he averaged 2% per year
> higher per year than the funds I used to compare. It was a lot of 
work to
> pluck the data and correlate. Check it out if you like. At this 
point this
> is much ado about a passing phase.
> 
> That link may refer to his management of client money using certain
> funds...and for some reason he does not do that very well. I would 
not
> even hazard a guess. It does not corelate his signals. Involvement 
often
> makes managers perform differently and emotionally.
> 
> Sincerely,
> 
> John
> 
> What I do know is I went 100% long in mid March and he signalled 
100 %
> long in April.
> 
> > --- In realtraders@xxxxxxxxxxxxxxx, <jvc689@xxxx> wrote:
> >> Dear Tradewynne,
> >>
> >> # 3. Yes, but would you not be looking for a decline before 
calling
> > a turn?
> >
> >>>50 day EMA
> >
> > No: MA crossover systems lose money. OTOH, Yes <g>, but it's all a
> > question of scale. I have hourly, even daily systems with trend
> > filters that are short.
> >
> >> # 5. We have had other days on this upswing when the advancers to
> >> decliners have been negative. One day is no big deal especially
> > when it came on the heels of OPEC oil price rigging.
> >
> > What does this have to do with:
> >
> >> >> 5. 43 CANSLIM Breakouts ain't hay on such a day.
> >> >
> >> > Are you saying "43 CANSLIM Breakouts" out of 3000++ stocks
> >> > is bullish?
> >
> >> Paul Merriman
> >
> > OK, look at his performance (in stocks) since the bear started:
> >
> > http://www.merrimanfunds.com/performance.html
> >
> >>
> >> Would not wait for 13% to get bearish...actually I would wait 
until
> > I see employment improve to a lower level than it is now...have 
not
> > calculated it yet.
> >>
> >> Not impossible the top is in...but how can one call it on the 
basis
> > of a
> >> TA mechanism that changes almost weekly I do not know. A few 
weeks
> > ago, it
> >> was posted " I would not short this market" I just think the "top
> > is in"
> >> posts are reactive.
> >>
> >> And sure, I have no crystal ball...but I do believe the odds 
point
> > higher
> >> for now. If it goes lower, I am prepared.
> >>
> >> As a contrarian, it is my opinion that this board has been wrong
> > more than
> >> right on market turns. Plus Paul Merriman who does a decent job 
in
> > timing
> >> Mutual Funds for many years is still 100% long with none of his 4
> > timers
> >> turning negative.
> >>
> >> Sincerely,
> >>
> >> John
> >>
> >> >> 3. All of the sectors are well above their 50 day EMA.
> >> >
> >> > By definition, aren't most stocks "well above their 50 day 
EMA" at
> >> tops? Well below at bottoms?
> >> >
> >> >> 5. 43 CANSLIM Breakouts ain't hay on such a day.
> >> >
> >> > Are you saying "43 CANSLIM Breakouts" out of 3000++ stocks
> >> > is bullish?
> >> >
> >> >> unemployment at one time in the not too distant past was 13%.
> >> >
> >> > so, would you wait for 13% to get bearish?
> >> >
> >> >> curious to see a ***possible*** top post so close to a market
> > drop.
> >> >
> >> > I assume you think it's IMpossible that a top is in?
> >> >
> >> >
> >> > --- In realtraders@xxxxxxxxxxxxxxx, <jvc689@xxxx> wrote:
> >> >> Dear Nav,
> >> >>
> >> >> And here I thought it would go un-noticed. The way I see Mr.
> > Market
> >> > is:
> >> >>
> >> >> 1. Market internals are not judged on one days action. Even 
today
> >> > of the
> >> >> 13 sectors most watched, 5 were in the green and 7 in the 
red. I
> >> > just find
> >> >> it curious to see a possible top post so close to a market 
drop.
> >> >>
> >> >> 2. The sectors 5 days ago were 12 in the green and just 1 in 
the
> >> > red.
> >> >>
> >> >> 3. All of the sectors are well above their 50 day EMA.
> >> >>
> >> >> 4. I have not met any Hurst Made Millionaires yet...facetious
> >> > though it
> >> >> may be. Every prediction I have seen  is always "possible"
> >> > or "could do
> >> >> this" or could do that". Please do not take offense. I let you
> > who
> >> > believe
> >> >> have your say.
> >> >>
> >> >> 5. 43 CANSLIM Breakouts ain't hay on such a day.
> >> >>
> >> >> 6. Take a look at the Dow stocks that led the move down...due
> > for a
> >> >> correction in my opinion.
> >> >>
> >> >> 7. Second term of first year President has seen an average 32%
> >> > gain. We
> >> >> are not there yet...and the economic impetus have not been 
felt
> > yet.
> >> >>
> >> >> 8. Unemployment has not started its eventual decline yet. 
When it
> >> > does the
> >> >> market will peak further and choke up later. If you recall,
> >> > unemployment
> >> >> at one time in the not too distant past was 13%.
> >> >>
> >> >> 9. Government deficit is but a fraction of what it has been
> >> > relative to
> >> >> past GDP per cents.
> >> >>
> >> >> 10. The penny stocks and the public craziness has not even
> > started.
> >> >>
> >> >> 11. People are still afraid to call this move that started 
around
> >> > March as
> >> >> a Bull move...preferring to call it a Bear Trap.
> >> >>
> >> >> 12. I could give mucho added reasons, but what the heck I am
> > tired
> >> > and Ben
> >> >> said it best. Wait until October.
> >> >>
> >> >> Bottom line is I am techno-fundamental and when the 
fundamentals
> > do
> >> > not
> >> >> jive with the technicals or vice versa, I am not a believer. I
> > said
> >> > we
> >> >> would "rock after Iraq" and when its time to stop, I don't 
think
> > I
> >> > will
> >> >> need a chart alone to tell me.
> >> >>
> >> >> But keep in mind, I am hedged with over 50% in cash...so when 
I
> > see
> >> > a
> >> >> stock like WM at a bargain, I can pick it up. There are a lot
> > more
> >> > on my
> >> >> watch list.
> >> >>
> >> >> Sincerely,
> >> >>
> >> >> John
> >> >>
> >> >> > John,
> >> >> > Can't let a post like that go unnoticed!  What are the
> >> > possibilities you
> >> >> > see "Mr. Market" making and why?
> >> >> > Navtej
> >> >> >
> >> >> > ----- Original Message -----
> >> >> > From: <jvc689@xxxx>
> >> >> >
> >> >> >
> >> >> >> Dear Rhonda,
> >> >> >>
> >> >> >> I too enjoyed your post and chart. Also the use 
of "possible
> >> > high for
> >> >> >> the year" makes it a pretty safe call.
> >> >> >>
> >> >> >> On that basis, I think the possible high for the year may 
not
> >> > have yet
> >> >> >> been seen. We will let Mr. Market tell us.
> >> >> >>
> >> >> >> I would not be selling short just yet.
> >> >> >>
> >> >> >> Sincerely,
> >> >> >>
> >> >> >> John
> >> >> >>
> >> >> >> > Great work, much appreciated.
> >> >> >> > n
> >> >> >> >
> >> >> >
> >> >> >
> >> >> >
> >> >> > To unsubscribe from this group, send an email to:
> >> >> > realtraders-unsubscribe@xxxxxxxxxxxxxxx
> >> >> >
> >> >> >
> >> >> >
> >> >> > Your use of Yahoo! Groups is subject to
> >> >> > http://docs.yahoo.com/info/terms/
> >> >
> >> >
> >> >
> >> > To unsubscribe from this group, send an email to:
> >> > realtraders-unsubscribe@xxxxxxxxxxxxxxx
> >> >
> >> >
> >> >
> >> > Your use of Yahoo! Groups is subject to
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> >
> >
> >
> > To unsubscribe from this group, send an email to:
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> >
> >
> >
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