D
I'll stick my neck out again
Started by
danzman
, Mar 13 2007 10:01 PM
3 replies to this topic
#1
danzman
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Posted 13 March 2007 - 10:01 PM
There's no change in signals yet with my COT work. Still long since July. I'll still post
the next SHORT signal, but I don't see that on the horizon. Others have various opinions,
which makes for a market.
The track record for this indicator is very good (80%+ correct calls over 12 years using
only one input). Been using it in real-time for a few years. I can't complain.
Basically, I don't see why the market needs to fall apart here. Look at those lopsided
down volume days, and that one 90% up volume day. The market is not symetrical
when comparing upside and downside (market's fall faster than they rise). I don't
make forecasts, but my reaction to current price action is to buy. If I'm wrong, I'm stopped
out.
OK, there's my neck. Will the market chop it off? Let's see
D
D
I don't make predictions, I just react.
#2
greenie
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Posted 13 March 2007 - 10:18 PM
There's no change in signals yet with my COT work. Still long since July.
I thought your COT indicator got long in mid-August (based on TT posts). Would you please double-check? I am just trying to recall from memory, because it was a good indicator and I used to track your posts then.
It is not the doing that is difficult, but the knowing
It's the illiquidity, stupid !
It's the illiquidity, stupid !
#3
danzman
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Posted 14 March 2007 - 01:24 AM
There's no change in signals yet with my COT work. Still long since July.
I thought your COT indicator got long in mid-August (based on TT posts). Would you please double-check? I am just trying to recall from memory, because it was a good indicator and I used to track your posts then.
Got long right at the end of June actually, then flipped flopped in August from short to long within 2 weeks. I only allocate as much as 10% of my portfolio to any one index trade. The idea is to use a suite of trading systems, each allocated a certain percentage.
OK, I'm gone for now...I'll be back when there's a sell signal. Just trying to voice some thoughts when things look bleak for some.
D
I don't make predictions, I just react.
#4
PorkLoin
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- TT Member*
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Posted 14 March 2007 - 07:26 AM
Hey Danzman,
Thanks a lot for posting -- I really appreciate your perspective and interests. We went down, up, and now are getting the "other shoe" as far as another down leg or at least a test of the recent lows.
Best,
Doug
