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Don't you mean 'deemed'? :) Jack is an uber-intelligent, MVP, high velocity trading God with 50 years experience. Which sort of explains why he flies a Grob109 not a Learjet45XR, writes in gibberish not clear, concise English; doesn't ever post a trade or any specifics, and doesn't know when...

I also wrote to them but didn't receive any reply. So I finally called them today. A very short tempered East Indian guy with a heavy accent picked up the phone. Here's what he said: They have a formula which looks at the median price or ratio (price/SP500) for a set period of time (he said...

bull traps are nice (MESA)

Grob, restoring the gaussian curve to its preset nano length will do much to improve such anomolous bid/ask, polaroid constants. Try it. But don't forget to avoid ND while the colloquial lod is upping the limit order. But you knew that already, I mention it for others likeminded preventing...

I try to seek understanding, not just follow an indicator or whatever blindly. And I was thinking about this again and eventhough I'm not sure if Mark has considered this... the 'pollution' of non-operating companies in the NYSE might be wreaking havoc with his indicator. I mean that just as...

truthteller, et al. The reason why I went into so much tedious and theoretical analysis was to attempt to explain why what you and others are saying about volume might be true. We've already seen it in the market action (examples I gave plus many more) as well as anecdotal evidence from...

Q, read a bit more carefully. Mark is remembering his 2000 experience and saying that the current situation reminds him of that time. Its an excerpt from a recent interview. Also I provided a link in the thread. Next time, spend 2 minutes reading the thread. coasting, his formula for the CCT...

lol ... sounds like someone else we know

I think this thread is drawing to a close (atleast for me). I've learned quite a bit, surprisingly. I do agree that if you've found a way to profit from volume as a variable, then that's great. Just try and understand why it works the way it does. Otherwise, sooner or later, you will be up...

Good point Dave. Also there are completely invisible orders as well as iceberg orders. But my intention, as I've said many times was for swing/position trading (eod - one day to several weeks).

I wrote Mark a few days ago asking him about the indicator. He wrote back: Well, there you have it. Make of it what you will. btw the quote is unedited, I thought I'd mention that since to some it might appear like I'm taking snippets out.

People go through 8 stages of wasting their time, I use the word stages in its iterative not procedural meaning. Avoid the CW and you will see the witness of the review stages ie not a function of knowledge but yet not without it as algorithms have shown. These stages are preset with two...

Yes, that is what must happen. I don't think there is ever a way this can not be so if you're going to get a print. If you believe otherwise, please explain the how and the why. I'm here to learn from others, as much as to share my own thoughts.

Spyder, That's a valid question. As I mentioned in my first post, I'm sidestepping a lot of stocks because their breakout out of range (or resistance) does not happen with a concomitant rise in volume (or a spike as some require). I've gone back a lot of times and looked to see what happened...

Jack, You condescendingly repeat that I'm wrong. Fine, I don't insist that I have the truth or brag about my experience, or the millions I've pulled out of the market, etc. Could you atleast move beyond this and explain why I'm wrong? I can respect those that disagree with me and offer another...

Lamont, As I mentioned in my silly post about watermelons, financial markets are nothing like other markets (grocery store or painting auctions). Whereas in a painting auction you're bound by a finite good (one painting or a million watermelons) in the financial markets you are not bound...

Other than to point out for the umpteenth time that there can not be an imbalance between buyers/sellers...what you describe sounds to me like the GNP play brought to our attention by praetorian several years ago. Where is he btw?

I was just thinking about why so many people have difficulty in grasping the concepts (supply/demand, price, transaction, etc.) that I'm trying to explain. Then a thought occurred to me. It may be because they extrapolate from their regular normal lives into the stock market. Let me explain...

Lamont, I think you misinterpret what I wrote as well as what the concept of supply and demand is. Supply and demand is all about equivalence! That's the whole point of the idea. They meet at a specific level, at a point in time. For volume to be produced, supply always equals demand in...

The only 'way' I want 'it' done is for people to express themselves clearly and provide arguments and evidence to back up what they are saying. If you think this is unreasonable or somehow wrong, I don't know what to tell you. I guess we have different approaches. I try to write coherently and...