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  1. L

    Technical Analysis Doesn't Work

    Would these considerations be singularly applicable to practitioners of TA? lj
  2. L

    Why predict?

    A general question. If a binary is constructed using a non-binary basis set is the outcome of the binary operation not contingent upon the characteristics of the non-binary set? Like "if such and such happens, then do operation 1 or 2". What is it that determined "if such and such...
  3. L

    Technical Analysis Doesn't Work

    Welcome back, Jack. As we all know it is extremely rare for an equity (not a futures contract) to open exactly where it closed. That being so, what magnitude must a gap be in order to qualify as a "GAP"? Is 0.01 enough? Must the gap be a certain percentage of the equity's price or is the...
  4. L

    Why predict?

    Hypostomus (ventromaculatus?), Pursuant to a prior point of reflection, what be this? lj
  5. L

    The Opening Orders Thread

    I misspoke in my most recent post and have amended it to refer to just the NASDAQ. As to the reliability of Yahoo, to each his own. lj
  6. L

    The Opening Orders Thread

    Discrepancies can be avoided by using the correct quote source, which for equities having the NYSE as their primary exchange, can be either Bloomberg.com or the NYSE site itself. They are both free and will give an accurate (as much as that is possible) value for the closing price of a...
  7. L

    The Opening Orders Thread

    See post from sucre estave middle of page 141. lj
  8. L

    My Market Analisys

    IMO, this ain't the bottom of this puppy. Volume says so. I'm no EW'er but Prechter is no fool and says that EW is best with impulsive moves and the DOW chart looks like we're well into the dreaded wave 3. Which is to say there may be a OE week bounce but don't get too carried away if...
  9. L

    Esignal vs IQFeed for Quotetracker

    This is on the money from my experience. Since upgrading my system to dual-core with beaucoup RAM, I no longer have any problems with "freezing" or "slowdown". Also, compared eSignal with DTNIQFeed, head to head with respect to fidelity of the data feed and they are entirely comparable...
  10. L

    Why predict?

    Mr. Hershey, SFI was very interesting and I thank you for that reference. Your wry wit and provocative thoughts will be missed. Like Taleb you like to think outside the box and that's good. You are a survivor, but in the best sense, which is the one where you're not, in the least...
  11. L

    Technical Analysis Doesn't Work

    So tell me, rc, do you believe that everything that is published is correct? Hmmm? lj
  12. L

    Why predict?

    Perhaps, but I don't know to be honest. Along these lines though I found this thread a few weeks ago and, like me, you might find it interesting http://www.elitetrader.com/vb/showthread.php?s=&threadid=93808&perpage=6&pagenumber=1. Additionally some of the stuff that goes on in the 7:00 - 9:30...
  13. L

    Technical Analysis Doesn't Work

    It took me overnight and most of the morning to digest your collection of pedantic thoughts and simplistic ad hominems. To the best of my knowledge, papers which are submitted to journals for consideration of publication typically are sent to a panel of reviewers, most often three "outside"...
  14. L

    Why predict?

    IMO, JH has made some valuable observations and proffered some interesting interpretations of what goes on in the market. Like yourself I have problems with the channel thing but that does not mean that I dismiss his insights (and I'm not saying that you do [or don't]). If people find that it...
  15. L

    Why predict?

    I retract the first paragraph. If I understand what you are saying, they would spread things out in "appropriate" 100s tics. The Bloomberg/CME card is a hard one to beat. Thank you for explaining.
  16. L

    Why predict?

    I am in the practice of interpreting unprovoked ad hominems as being indicative of the fact that the person with whom I was discussing something, has been titrated. Which is to say, he/she doesn't understand or dysunderstood what I was saying. The question I was asking was if the BSD's fade...
  17. L

    Why predict?

    I agree. What I was thinking of had more to do with using the "scalpel tools" to see what the boyz are up to. As I mentioned in a post on another thread, I like a #11 blade. ljx (my doppelganger looks after the late PM and early AM shift).
  18. L

    Why predict?

    At this point I'd like to interject that I'm just an innocent byfucker and having said that, will retire forthwith. lj
  19. L

    Why predict?

    Ah! My only experience with A and B scans is with respect to modes on an ultrasound apparatus. It is a revelation and a wonderment to see how the BSD's (from Lewis' "Liars Poker"), as I like to call them, bedevil JH's efforts by creating faux FTT's. My guess would be that they wouldn't have...
  20. L

    Why predict?

    Could you please describe what an A-scan is and how the MM's, by turning up the beam power, could fry JH's protcol? lj
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