Jump to content



Photo

sy harding passed away, that sucks


  • Please log in to reply
8 replies to this topic

#1 draggen33

draggen33

    Member

  • Traders-Talk User
  • 1,047 posts

Posted 30 April 2015 - 12:03 PM

http://www.streetsmartpost.com/

Thursday, April 30 9:45 am.

As most of you are aware, Sy was stricken by a sudden illness at the beginning of the month. He was in Intensive Care for over three weeks and for that entire time, the family was told that he would be able to make a full recovery. However, it is with heavy hearts that we must announce that Sy has passed away. Unfortunately, complications arose and his condition regressed rapidly in his final 48 hours and the doctors were not able to save him.

Sy started giving investment advice to the public some 27 years ago. It was his life and his passion. Not a day went by that he wasn’t thinking about how he could help others increase profits or reduce risk. He was a private man who had always declined the numerous requests for television and radio interviews. His voice was his written word. He simply loved writing. He loved researching ideas and formulating them into insightful commentary that would both educate and open one’s mind to seeing things in different ways. He was contrarian by nature. He always felt that if the crowd was going in one direction, he should look in a different direction to see what they were missing. This philosophy has served him well over the years and is one of the reasons technical analysis appealed to him. Quite often the charts would show when too many people were thinking one way and the markets were due for a reversal.

Sy was a devoted family man. He was always there to help and put his family’s needs before his own. He could always be found at his children’s and grandchildren’s sporting events, dance recitals and special functions. Most of his family has worked with him at one point or another. It was always amazing to see his work ethic and desire to succeed, but never at the expense of others. His honesty and integrity were evident to all who knew him.

Sy’s passing was very sudden and unexpected and as a result we are busy formulating a plan to determine the best course of action going forward. We will do our best to provide information and answers via email if you have questions, but honestly, with Sy’s remarkably good health, this is not something for which we had planned.

We want to thank you for the many thoughts and prayers we have received during Sy’s illness, from both long term and more recent subscribers. It shows that you thought of him as more than just a newsletter and blog writer. You got to know him through his writing and he got to know many of you over the years. It was that kind of sentiment that kept him going, trying his hardest to provide the best advice he could. Thank you again for your support through this difficult time

Edited by draggen33, 30 April 2015 - 12:07 PM.


#2 CRUISENAL

CRUISENAL

    Member

  • Traders-Talk User
  • 1,135 posts

Posted 30 April 2015 - 12:07 PM

Sad to hear. I keep his book near as a reference and always followed his blog.

http://www.legacy.co...p;pid=174750411

Edited by CRUISENAL, 30 April 2015 - 12:11 PM.


#3 dasein

dasein

    Member

  • Traders-Talk User
  • 7,696 posts

Posted 30 April 2015 - 12:14 PM

His honesty and integrity were evident to all who knew him.

that generation is passing and these qualities seem to be passing as well -

I was never a sub but I always paid attention to what was quoted in the media - he sure knew what he was doing. RIP.
best,
klh

#4 pdx5

pdx5

    I want return OF my money more than return ON my money

  • Traders-Talk User
  • 9,521 posts

Posted 30 April 2015 - 12:53 PM

RIP...always liked his blogs.
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#5 draggen33

draggen33

    Member

  • Traders-Talk User
  • 1,047 posts

Posted 30 April 2015 - 01:22 PM

RIP...always liked his blogs.

I was a sub for about 6 yrs , i found him off of this board . I just let sub run out apr 15 15. here is the obituary
http://www.legacy.co...p;pid=174750411

#6 draggen33

draggen33

    Member

  • Traders-Talk User
  • 1,047 posts

Posted 30 April 2015 - 01:45 PM

RIP...always liked his blogs.

I was a sub for about 6 yrs , i found him off of this board . I just let sub run out apr 15 15. here is the obituary
http://www.legacy.co...p;pid=174750411

apr 20 , and oct 16 were his days when the macd turned down after that day apr 20 get out when it turned up after oct 16 get in !!whats really odd is the day he had picked to get out of market was his death day or close to it , thats ironic!!

Edited by draggen33, 30 April 2015 - 01:52 PM.


#7 CRUISENAL

CRUISENAL

    Member

  • Traders-Talk User
  • 1,135 posts

Posted 30 April 2015 - 01:47 PM

Buy the way, his signal this year would be today as the daily MACD is crossing. He always said his signal came on the MACD cross after April 20th and in the fall the date is October 16th. Had the MACD not crossed today he would hold Long until it did cross, and sometimes that was clear into July. This does not mean there won't be rallies in the summer, it's just much harder to make money in late Spring on into mid October.

#8 OEXCHAOS

OEXCHAOS

    Mark S. Young

  • Admin
  • 21,996 posts

Posted 30 April 2015 - 04:01 PM

Sy's work was very helpful to my own. His seasonal observations were just gold for the typical investor. I'm very saddened to hear of his passing. :( Mark

Mark S Young
Wall Street Sentiment
Get a free trial here:
http://wallstreetsen...t.com/trial.htm
You can now follow me on twitter


#9 Rogerdodger

Rogerdodger

    Member

  • TT Member*
  • 26,862 posts

Posted 03 May 2015 - 09:00 PM

RIP fellow traveler, Sy Harding
Posted Image

Found on my blog:

Go Away In May, Why It Works
Posted by Rogerdodger, May 1 2006, 10:51 AM
If there is a reason to go away in May, I want to understand the reason for it.

The following is quoted from Sy Harding's website http://www.streetsmartreport.com:

"Brokerage firms and mutual fund companies would have a tough time surviving if very many investors were aware of the market's seasonality and moved their money to cash for six months every year. So they must go to whatever lengths they can to distort the information.

"Invariably in trying to refute the very clear proof of the market's consistent seasonal patterns, these firms run their data from 1900, even though all of the research on seasonality shows the seasonal pattern did not begin to show up until 1950. The reason for that is simple. The seasonal pattern results from the extra chunks of money that flow into investors' hands beginning in the fall, from distributions from mutual funds (most of which have fiscal years that end either September 31 or October 31), from Christmas and year-end bonuses, from profit-sharing bonuses, income tax refunds etc. Additionally, extra chunks of money flow automatically into the market at year end from employers' contributions to their employees' 401 K and other pension plans, from automatic re-investment of mutual fund distributions, from tax-payers' annual contributions to their personal IRAs, Keough plans, etc. These extra chunks of money provide $billions of extra fuel for the market over a six month period, driving prices higher in the favorable season. In the spring those extra chunks of money dry up, removing that fuel from the market and making it much more vulnerable to any selling pressures that develop.

"However, there were no such extra chunks of money prior to 1950 because there were no mutual funds, no tax deferred 401K plans, IRAs, Keough plans, etc. The concept of companies sharing their profits with employees through profit-sharing plans had not appeared. Income taxes were non-existent, and when they were introduced were a tiny fraction of what they are today, so income tax refunds were not a factor. And so on."


Stock Traders Almanac also refers to this seasonal trend.
They recommend exiting the market when the MACD crosses down in the April-May time frame.
Since 1950, November 1st to April 30th has produced 11,703 DOW points.
May 1st to October 31st has LOST 909 DOW points.
"Results have improved substantially the past 24 years.
Adding the MACD cross TRIPLES the results"

Stock Trader's Almanac shows NASDAQ having an 8 month run: November through June.
"Since 1971, a $10,000 investment becomes $351,706 during those 8 months versus a loss of 4,088 during the July to October void.
Using the simple MACD cross as a timing indicator more than doubles the gain to $874,360 and the 4 month void loss increases to $7,461."

However there is one permutation to all of this:
the "Four-Year Cycle":
"Only 4 trades are necessary every 4 years to nearly triple the results of the Best 6 Months.
Buy and sell during the post election and mid term years and then hold from the Mid-trem MACD seasonal buy signal sometime after October 1 and hold until the post election seasonal sell signal sometime after April 1st, appx. 2 1/2 years."
(See Page 60, Stock Trader's Almanac 2010 or 2011)

Edited by Rogerdodger, 03 May 2015 - 09:02 PM.