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    Software Used to Trade Jack Hershey Methods

    NT + Zenfire is a great platform but one of the problems, for me anyways, is the following. Let's say I've been using Pepe's channel tool on chart 1 which for illustration's sake is the YM 2 min. When I open a new YM 2 min chart, chart 2, all of the channels which were drawn on chart 1 are...
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    Adventures in the garden of good and evil

    We are 3 ticks above the prior ES contract low (see prior posts with all indications (the old volume leads price thingy and YM leads ES thingy) that a new low will be achieved. Interestingly, the upchannel leading into the CMEGS time frame dump was NOT of the type in which the RCL is an...
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    Adventures in the garden of good and evil

    An important week is coming up. Whatever one says about the markets, earnings matter, even cooked earnings. What matters even more this time around are projections. Check out the YM weekly and compare it to the ES weekly. It's the weekend. What better time to do this. ES is still short...
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    Forensic Economics

    I'm not entirely sure where you get your information concerning the actions of HMO physicians unless you are talking about institution-/corporation-mandated denial of care for whatever reasons (typically money). Depending on how one looks at it, that could be an example of a bad idea with no...
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    Forensic Economics

    Good idea. It's like many things, from discouraging terrorists and unpleasant leaders from third world countries by paying them off, to the 'greening' of big business. If a profit incentive can be put in place, then the most outrageous idea can gain credibility. It is preferable though that...
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    Forensic Economics

    This from the FT: Corporate fraud losses soar to £960m By Brooke Masters Published: July 1 2009 18:37 | Last updated: July 1 2009 18:37 UK corporations lost £960m to publicly reported fraud in the half year to June 30, the highest six-month total since at least 2003, when BDO Stoy...
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    Adventures in the garden of good and evil

    Please note that the comments of last evening were not meant to be disparaging to romanus, if only because I missed it first time around too. I remember a quip from Jack some time back about "... now that you have all these panels on your desktop, the next thing is to figure out what to do...
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    Adventures in the garden of good and evil

    Another point about yesterday's EOD read, looking just at the ES5, would be that the pace of the EOD IBV was rising, was much higher than the purported completion and was followed by DRV. lj
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    Adventures in the garden of good and evil

    Just a quick note on that last little fakeout. YM and ES complement each other with YM always leading even when it appears it isn't. So a check on the YM2 at 1:44 would have clearly shown fakeout not breakout (in this case breakdown). It's coming but not yet. BTW a very nice hinge on the...
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    Adventures in the garden of good and evil

    It felt fine Dackster - real fine. Kind of like eating chateaubriand with a spoon. lj
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    Adventures in the garden of good and evil

    Pepe's NT channel tool and I'm sure Spyder's TN channel tool give one the ability to draw stuff with microfine thickness. Similarly, over time I have drifted towards WGTrader's OHLC thickness. Sloppy scribing makes for sloppy thinking unt in this regard moi be probably more fanatical than...
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    Adventures in the garden of good and evil

    Followup on yesterday's anticipations. With one I made an error and used an RCL instead of an RTL, hence disregard. The other is still in play. One of the time frames that Jack suggests one pay attention to is the Weekly. Good idea. One should appreciate that when looking at Dailies and...
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    Adventures in the garden of good and evil

    The above paragraph may have sounded to some like a PeeWee Herman, "So?" kind o' thing but it does have pertinence to the holding and hoping that can occur when one incorrectly annotates and calls a faux P1 (= FTT). The bailout price (or if you're ballsy, the reversal price) is of course 1 tick...
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    Adventures in the garden of good and evil

    It wasn't a dusky thrush but rather a spotted towhee. Doh! Since formally departing the IR thread, I have spent some time looking for Booleans and have found one. Several others are in the 'conditional' phase and although none are worth discussing at this point in time, there was a razzer...
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    Recommendations for a day/swing trading noob?

    Actually I didn't say that but rather was simply making the point that to say language has no rules is incorrect. lj
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    Recommendations for a day/swing trading noob?

    If the function, the purpose, of language is simply to make noise, then it need not have rules. If however the purpose of language is to communicate effectively, then it must have rules. If it does not, then the end result is frequently gibberish. The reality then is that language does have...
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    The LIBOR is useless

    Thanks martinghoul. That was very illuminating. As for the 99/1 efficacy of the current modelling of market 'happenings', it sounds suspiciously like a Taleb scenario where the wings start to fail the model-builders. I am not a mathematician but power series would seem to suffer from the...
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    The LIBOR is useless

    I am not a bondsman so excuse the delay. The questions I would have are as follows: 1. Does the fact that the underlyings are different for the two entities have any consequences? In other words they are not measuring the same phenomenon. From a Reuters article about a year ago: NYFR will...
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    The LIBOR is useless

    Let me check out the NYFR and I'll post afterwards. lj
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    The LIBOR is useless

    I remember a little while ago (a year or so?) there was a great hue and cry that the LIBOR was being manipulated by its constituent banks by them failing to honestly report their costs of borrowing. What is being reported by the FT here is a variation on a theme of this sort of thing. I would...
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