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  1. efficiency

    NFL Players lining up for payday loans (30% interest)

    Though not a football player, Leon Sphinx (nothing to do with Egypt as far as I know) was crowned (well it wasn't a crown but a big belt you probably wouldn't wear in public) Heavyweight Champion of the WORRRRLLLLLLLLDDDDDDDD, in February 1978. In less than a decade he was homeless...
  2. efficiency

    Drc

    Oh oh, counter-move. Across the board, but TRIN is 1.03. Weak volumewise. DRC presently, $47.80 Trend's still down.
  3. efficiency

    My sweet pie !

    Is it? Make hay while the sun shines. Stated another way, exchanging a proving position for fresh risk is a joke. Hence the moniker. Covering a position because you're bored is___________________ LOL, you're not even worth reading. Just some schmuck who strokes his ego in the...
  4. efficiency

    can someone give me the holy grail

    If you run a simulation with a random number generator, the result is going to be the outcome tranquility arrived at. The longer the sample the more statistically significant. At 18,000 samples of a strategy undivulged , a distribution is highly skewed to the right. 2900 at breakeven...
  5. efficiency

    can someone give me the holy grail

    This sage advice kinda runs counter to your Deere short, doesn't it? I amaze myself on how kind I can be. Where I come from, exchanging a proven/proving position for fresh risk is_______________.
  6. efficiency

    My sweet pie !

    A buck, huh? Today alone it's down a buck and half. I amaze myself on how kind I can be.
  7. efficiency

    Serious Serious Question!

    Perhaps "fallen" is a misnomer, but it's not the powerhouse it once was. You know what I meant. Some of that "lost" territory was voluntary rather than revolutionary, relinquished as stipulated by the US as a condition for assistance in WWII Falkan islands a bit of an exception...
  8. efficiency

    Trading Rules of Thumb

    Why? "They" won't use it anyway.
  9. efficiency

    Trading Rules of Thumb

    Agreed. Most FH's can't resist the allure of a perceived "bargain". Making a mistake is acceptable. It's why pencils have erasers (and divorce courts). Staying wrong is not acceptable. Cut your loss and move on. Adding to a mistake is compounding the error. Reflects an stubborn...
  10. efficiency

    Statistical Trading Using the Open

    "Y"??? Price explains news not news explains price. Yep, I seldom read news. Price tells me there's an alibi (whether genuine or contrived). Gap was 3 points below the offer and drew out 3 million shares (the spike). A miniscule proportion of the float. 3 million that didn't think $26...
  11. efficiency

    A message to those that constantly complain

    "where depends" or.............wear DEPENDS?
  12. efficiency

    Serious Serious Question!

    All "dynasties" throughout the ages have collapsed. Egyptian, Greek, Roman, Viking, Byzantine, Ming, Persian, Ottoman. Spanish, Portugal (yes Portgual),Dutch, French, Czarist Russia, Soviet Union, Nazi Germany, Inca, Mayan, Aztec etc. It's human nature. Doesn't change, only technology...
  13. efficiency

    Drc

    Hit 45.56 (45 5/8) this morning. Presently 46.37 (46 3/8) Yeah, I know, 4 days is a "long" time. Psst, 60 days is ever longer.
  14. efficiency

    Debt limit hit, why not just default?

    Trump's a bully. His mama read him the parable about the squeaky wheel getting the grease. To answer your question, it's the SAME reason why you accept a dollar bill. It's backed by the full faith and credit of the US Government (and basically nothing more). The lesser of two evils is to...
  15. efficiency

    The bottom is in...for now

    Concerning the cubes. NASDAQ Advance/decline, since it just broke another 10 day low, suggests otherwise. Seasonality plays a role. A "bottom" is not a reflection of strength. Goldman Sachs is a rig.
  16. efficiency

    Statistical Trading Using the Open

    SPY comprised from 500 issues and should mirror the underlying index. Each issue has a specialist. Individual issues open in accordance with alibis (if any). A material gap would reflect multiple axes acting in concert. I don't feel gaps can be predicted rendering a gap probability...
  17. efficiency

    Statistical Trading Using the Open

    I wouldn't expect you to follow. Merely used as an example. Aside from the spike on the break, nice and quiet. Note the word nice. Regardless of intra-day, day, week, month, or buy and hold., thee open is still thee open. At times it has an underlying agenda. "A specialness" to it...
  18. efficiency

    Statistical Trading Using the Open

    Just an old time-tested (as opposed to back-tested) rule of thumb. To reiterate, SUR has gap, unfilled for weeks. For me, it's a moat.
  19. efficiency

    Statistical Trading Using the Open

    Gaps can be categorized. That's not the point. The point is a gap promotes "signs" of life. Ax intervention. An agenda. An unfilled gap, after 3 days, probably should run. Doesn't mean it will. Look at ticker SUR. Stagnant. Unfilled. I own it. With the absence of a gap, I...
  20. efficiency

    Statistical Trading Using the Open

    Thee open is the one price ALL participants get. It's a price point at the discretion of the ax, in theory, to clean out the most open orders. But the ax is the one entity most married to the stock. They maintain inventory postures. An open, particularly a gap, could very well be his...
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