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  1. L

    GOOG mini-spike

    Spikes like this (please see attachment) occur not infrequently with GOOG (~4 points) and many other equities. Does anyone have any thoughts on this phenomenon? lj
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    Spydertrader's Jack Hershey Equities Trading Journal III

    Oops. In my zeal to secure the doc., I neglected to post to the correct journal. Thank you for the link. lj
  3. L

    Spydertrader's Jack Hershey Equities Trading Journal III

    Spydertrader, Below is a quote from the "Hershey Universe News" blog: http://hersheyuniverse.blogspot.com/2006_09_01_archive.html The three groups of fine indicators are: the DOM, the tick charts and the stretch squeeze indicator. See the sweep paper for how these are used and how...
  4. L

    How insane is this?

    Thanx boyz - I got the message. My extremely accurate volume indicator predicts, at some point, a high above today's high. lj
  5. L

    How insane is this?

    dj8899, re:05-22-07 07:03 PM Somebody please explain how the stock price jumps 25%, yet according to bloomberg the credit default swaps soared from 30k to 184k Nice, crisp analysis from you guys. Can you tell me dj if there is any place (site) where one can get info re CDS, such as...
  6. L

    Do Trendlines work?

    A quotation from Walter J. Moore's "Textbook of Physical Chemistry": "For the complete description of a system, the numerical values of certain variables must be reported. .... Of these variables, a certain number may be independently varied, but the rest (of these variables) are fixed by...
  7. L

    Do Trendlines work?

    For purposes of pithiness I edited your post. Is the time frame of the trade of consequence with respect to the validity of your statements? Are "arb" type trades transacted very quickly [say in less (quite possibly a lot less) than 5 minutes]? Are trades for a longer time frame more apt to...
  8. L

    Spydertrader's Jack Hershey Equities Trading Journal III

    Thanks for your help. lj
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    Spydertrader's Jack Hershey Equities Trading Journal III

    Hi to board denizens, I put in this request on another thread but perhaps this is a more appropriate place. Could anyone give a specific link(s) or prior post(s) which have the most detailed information available on the DOM indicator and the rationale/methodology for the Gaussian curve-fitting...
  10. L

    Do Trendlines work?

    Mr. Hershey, Intriguing observations about the workings of the market, to say the least. I have spent some time the past couple of days reading a portion of the volumes of data which you have presented on ET over the years. For the moment I was wondering if you or anyone could give a...
  11. L

    Do Trendlines work?

    What I got out of Mandelbrot was that markets are fractal and peculiarly there appears to a periodicity of three with respect to some market phenomena (it's in The Misbehaviour of Markets). Many traders do not use indicators basically because they are variations on a theme of time, price and...
  12. L

    Do Trendlines work?

    Mr Hershey: Thank you for answering my questions. I come from disciplines where acronyms abound and have always found that when ignorant, the simplest thing to do is ask what they mean. To not ask, would be stupid of me. A trefoil is a three-lobed structure with roots in botany...
  13. L

    Do Trendlines work?

    Mr Hershey: re: On the other side of Occam is a space where where you look at dividing things up into least connected regions. I'm sure you are familiar with A's Method. The point is to not have any redundancy and to only be illuminating the degrees of freedom that are required at that place...
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    Do Trendlines work?

    re: liyoung (ljyoung), et alia (alii is much more friendly): a few things. All of you need to read Strunk's (not the only style manual). You all (might I suggest "All of you") take 10 (ten) words, big ones at that, to say what you mean, when three or four will do (strictly an opinion)...
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    Do Trendlines work?

    PointOne, re: I'm touched and amused to read this. (I think you meant to say you were addressing trefoil's post above mine.) Kindly accept my most sincere apologies for not addressing my comments to the correct individual. lj
  16. L

    Do Trendlines work?

    Thank you Mr. Hershey for your comments and in particular; "You better double your degrees of freedom as a starting point." Indeed I do make use of more than three degrees of freedom but at this point I have not settled on an exact number. One simple way of looking at how these 3...
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    Do Trendlines work?

    Mr. Hershey, While I am still mulling over your comments from yesterday and as yet am not ready to ask you any particular questions let me respond to your most recent post (5-21-07 11:11 AM). My "boiled tripe" post was directed to "PointOne" and attempted to make the point that no matter...
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    Do Trendlines work?

    Although I am not a disciple of Mr. Hershey, I do believe that arcane as his methodology may appear to be, it would seem that it allows him and his disciples to do what you are doing, e.g., make money. Otherwise they are a bunch of scum-sucking liars and I don't perceive that to be the case...
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    Do Trendlines work?

    As I've said, repeatedly I believe, I am not in disagreement about the price/volume relationship but rather am attempting to make the point that there are practical, time-constrained limitations to the effective implementation of that relation and that to discern that relation one needs accurate...
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    Do Trendlines work?

    It was by and large Wyckoff who first got it right when he correctly interpreted the relation between price and volume and since his time there has been precious little to add to what he said about the matter except for "sequels" It is not fatuous to state that if one's data is meaningless...
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