Bradley Model Followers
Posted 15 March 2012 - 09:51 AM
Posted 15 March 2012 - 03:12 PM
since no one said anything - I dont follow it but there are a lot of posts on TT about it - this may be informative
then there is google etc
Thanks Karen. I find that people who use Astro to predict market direction tend to be shy about it, although
I think Andrew Lo is actively researching it (so it may be gaining some respect)
Like any signal that enough people follow; it's good to have an idea how it works.
Edited by jjc, 15 March 2012 - 03:12 PM.
Posted 15 March 2012 - 06:46 PM
They are a load of compost. I think they have a 2-3 day window, and can signal (seems to me) reversals, continuations or consolidations. Trade that.
I note that the moonies never come with a trade call in anticipation of a Bradley date, like: "Hey kids, Thursday is a major Bradley, everybody go ______.
Here is a chart I post now and then showing recent major Bradleys.
Edited by selecto, 15 March 2012 - 06:48 PM.
Posted 15 March 2012 - 07:00 PM
Posted 15 March 2012 - 07:29 PM
I am a rank amateur and almost never post because of that, but my understanding of Bradley turn dates is that they may only sometimes reflect turns in equities. It could be a turn in commodities, currencies, or some economic event (consider the recent post about Japan's dire debt situation). Tying it to equities only is I think a mistake. You must look at the macro environment. Sorry for the intrusion.
The last few Bradley dates have seen the price of gasoline go up.
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
Posted 15 March 2012 - 07:51 PM
Posted 15 March 2012 - 08:19 PM
I have found that Gann dates are more interesting. For example:
March 6th 2012. 3 year Anniversary of Bear Market Low.
Now look at March 6th on the chart
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
Posted 16 March 2012 - 04:22 PM
If anyone of you is buying or selling the Bradley, I would like to also sell you some snake oil...
It seems doug Kass is.