over the weekend.
http://stockcharts.c...7494&r=6691.png
Edited by selecto, 11 April 2008 - 05:32 PM.
Internals
Started by
selecto
, Apr 11 2008 05:29 PM
7 replies to this topic
#1
selecto
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Posted 11 April 2008 - 05:29 PM
Here is my spread sheet. Couple of the charts are scarey. I'll try to mark them up
over the weekend.
http://stockcharts.c...7494&r=6691.png
over the weekend.
http://stockcharts.c...7494&r=6691.png
#2
diogenes227
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Posted 11 April 2008 - 06:46 PM
selecto,
Once again, great work! Simple, pure and real clear on the turn in the tide.
Thanks for the perspective.
By the way could you show your March spreadsheet to show how it looked as the market turned up?
Again, thanks. 
"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).
“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”
"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."
#3
selecto
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Posted 11 April 2008 - 06:59 PM
I just started this because I was tired of cryptic notations in the margins of my daily journal. I would have to do March manually, day-by-day and would probably need some encouragement from the man. We see. 
#4
Jnavin
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Posted 11 April 2008 - 07:17 PM
"The Rising Wedge Breakdown" -- classic pattern.
"One thing experienced traders love about this pattern is that once the breakdown happens, the target is reached very quickly."
--Investopedia.com
"One thing experienced traders love about this pattern is that once the breakdown happens, the target is reached very quickly."
--Investopedia.com
Edited by Jnavin, 11 April 2008 - 07:18 PM.
#5
vitaminm
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Posted 11 April 2008 - 09:20 PM
selecto,
Based on spread sheet system on what day one would have sold short QQQQ?
Based on spread sheet system on what day one would have sold short QQQQ?
Here is my spread sheet. Couple of the charts are scarey. I'll try to mark them up
over the weekend.
http://stockcharts.c...7494&r=6691.png
vitaminm
#6
humble1
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Posted 12 April 2008 - 05:06 AM
nice selecto: i, too, like the way you lay it all out. you make it easy on The Lazy Man (me).
regards,
h1
regards,
h1
#7
selecto
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Posted 12 April 2008 - 07:52 AM
Thanks, Daniel.
Vitamin, I don 't know if that is a "system" or if trades can be generated off it. To be sure, some of those indicators with some additional crunches can give excellent swing signals. But I trade off intra day, and just watch the dailies in an attempt to devine the market mojo, the trend being your friend and all.
One might think, for instance, that a full row of red arrows means short-the-farm, yet my intra day stuff is suggesting that we will be trading
higher to start the week.
#8
macavity
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Posted 14 April 2008 - 05:03 AM
Selecto - great read.
As mentioned - nice and simple. Thankyou
I have only recently developed a better appreciation for EOD internals for my IT timeframe.
From hourly charts, I think that there may be enough gas for price to swing up from here; however, the momentum top for this rally is here.
Any price high from here would be significantly bearishly-divergent.
Thanks
