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T-theory Terry Laundry Growing Bull Horns


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#11 NAV

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Posted 28 January 2012 - 10:05 PM

T theory has failed and Terry Laundry neither accepts it nor does he have any explanation for it. According to the time symmetry based on the A/D line, we should have topped in Aug 2010 according to Terry. It's 2012 now. And the A/D line continues to make new ATH. How would you explain the extension of the T, 18 months beyond when the fat lady should have sung ? I am pretty much convinced now that any theory that attempts to put a limit on price either in time or amplitude is doomed to failure. You can blame it on Fed, manipulation, extraordinary monetary conditions etc. But i doubt nature would contain the crowd to stop buying/selling on a certain date/time or at some fibonacci numbers or produce crowd behavior in a way as to produce time symmetries.

Just follow the price ;)


My understanding is that he uses the McC OSC

http://www.mcoscilla...t_breadth_data/

T 10 expired and he is waiting for the McC OSC to turn up to form the bottom of a new T

http://ttheoryforum....all20120127.pdf



I am not talking about his short term Ts which is based on Vol MCOsc. I am talking about the long term AD-T which is derived from the A/D line.

"It's not the knowing that is difficult, but the doing"

 

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#12 iloli way

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Posted 28 January 2012 - 10:51 PM

It's human natural insecurity seeking crotches to overcome the 'unknown'. Be that: T bones, Fork lift, Fibo Golden Mean, Astrolabe, Menstrual cycles, (fill the blanks)...anything formulated by its own supremacy but market's dynamics, are bound to work some and lose more. Price, and price only, makes every other indicators lagging behind. Just tell it like it is, not asking for fight.
PRICE IS KING; LINE RULES! - Laws Of Line (LOL) Trading Systems
Swing Those Lines: I can calculate the motion of heavenly bodies, but not the madness of people! -- Issac Newton

#13 NAV

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Posted 28 January 2012 - 10:57 PM

Be that: T bones, Fork lift, Fibo Golden Mean, Astrolabe, Menstrual cycles, (fill the blanks)...anything formulated by its own supremacy but market's dynamics, are bound to work some and lose more.


Lol !

Edited by NAV, 28 January 2012 - 10:57 PM.

"It's not the knowing that is difficult, but the doing"

 

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#14 Douglas

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Posted 28 January 2012 - 11:15 PM

Don't get me wrong, I will still follow Terry's work because it occationally will hit one out of the park. I also will continue to follow Elliott Wave guys for the same reason. Trouble is nothing that tries to predict the future bats 1000, probably not even 300. Terry to his credit is laying the ground work to swing from bear to bull forced by the trend. It's bad to be wrong, but its just plain tragic to stay wrong. Hence the Chandelier stop. I know I'm going to be wrong a lot, but I don't won't to stay that way any longer than absolutely necessary. I follow all this crazy stuff and this web site always looking for an edge to minimize my wrongness. So don't be too hard on ole Terry, he'll probably punch one over the fence next time at bat.

Edited by Douglas, 28 January 2012 - 11:17 PM.


#15 NAV

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Posted 29 January 2012 - 06:15 AM

T theory has failed and Terry Laundry neither accepts it nor does he have any explanation for it. According to the time symmetry based on the A/D line, we should have topped in Aug 2010 according to Terry. It's 2012 now. And the A/D line continues to make new ATH. How would you explain the extension of the T, 18 months beyond when the fat lady should have sung ? I am pretty much convinced now that any theory that attempts to put a limit on price either in time or amplitude is doomed to failure. You can blame it on Fed, manipulation, extraordinary monetary conditions etc. But i doubt nature would contain the crowd to stop buying/selling on a certain date/time or at some fibonacci numbers or produce crowd behavior in a way as to produce time symmetries.

Just follow the price ;)


My understanding is that he uses the McC OSC

http://www.mcoscilla...t_breadth_data/

T 10 expired and he is waiting for the McC OSC to turn up to form the bottom of a new T

http://ttheoryforum....all20120127.pdf



I am not talking about his short term Ts which is based on Vol MCOsc. I am talking about the long term AD-T which is derived from the A/D line.


Just to be clear, my comments were not regarding the short term Ts based on the Vol McOsc. And i do not have a clue about how they have been doing, since i am not following it.

"It's not the knowing that is difficult, but the doing"

 

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#16 dhroz

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Posted 29 January 2012 - 11:09 AM

If you have been listening to Laundry's commentary's over the past several months you will notice that he has turned into a pitch man offering very little information. Just buy this and buy that from my service. I have an oscillator for you!! He sounds like the Ron Popeil of the investment community. At least with Ron Popeils items I can get some good tasting meals.

Edited by dhroz, 29 January 2012 - 11:10 AM.


#17 dasein

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Posted 29 January 2012 - 02:40 PM

pdx- thank you. I think this is the one and only point that the treasury is trying to make, and it is an easy one: "Don't know about others, but in my case, only yields I can find are next to zero everywhere, including CD's, money markets, Treasuries under 5 year maturity. So equities is the only hope for some decent returns." since 1985 the question has been only one - where can we find growth? there is none. HFT, like day-trading is one answer, but it is not amenable to most people or investors....so? answer with nominal growth, perception of growth, whatever, but whatever real returns are out there will go to those at the top of the trickle down pyramid. amd extra crumbs to the nimble - which is why we are here I think. PS - I have been seeing a lot of ads to invest in "wood" 9+% pa, from Europe and the states - right before (c. 1-2 years) the tanker glut and the BDI collapsed, I saw lots of ads from europe that said invest in "shipbuilding" 9+% pa - so i think this has about 2 years left, max.

Edited by dasein, 29 January 2012 - 02:43 PM.

best,
klh