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  1. M

    Crude Oil Prediction 2018

    When you say "oil stocks" there are many sub sectors. There are refiners, producers, oil service names, tankers, etc. In general, producers are correlated with "production", not with prices. The reason your "oil stocks" went up 10 fold is because production went up substantially, not prices...
  2. M

    Crude Oil Prediction 2018

    This commentary is absurd. Most oil companies want lower prices, not higher. They want to maximize revenues : P X Q = total revenues. As P goes ^, total revenues goes down. Politicians, if they could control oil, would price oil at $5 a barrel, not $75. But they can't control it. The...
  3. M

    The ACD Method

    Yes, the change in one NL with respect to change in another NL.
  4. M

    The ACD Method

    See, you guys don't even need me here. Just refer to the bible. :)
  5. M

    The ACD Method

    Yes, but this is very rare and also in a way is not what you want. It's almost like trading flat price at that point. If they both reverse at the same time you will get killed and they only need to reverse a little bit for you to get killed. Ideally you want to track things that are highly...
  6. M

    Machine Learning in Finance -- Coursera

    I'll pass your comments onto to Jim Simons and Ed Thorp.
  7. M

    Why in the Hell is Michael Covel infatuated with Curtis Faith?

    No, you didn't. There were never any "secrets" as you call them. No one stole the constitution. There are no buried treasures. No pirates. No Nicolas Cage. Richard Dennis published the trading rules many years ago. Part of what he wanted to show was that in fact, there are no secrets in...
  8. M

    The ACD Method

    I think ACD is very testable. You have to get the number lines first but once you have that data it becomes a data analyst's dream.
  9. M

    The ACD Method

    Take out the word weak. I just mean strong trends in either direction. Spreads tend to trade counter to the structure of flat price. When flat price is trending, spreads tend to be choppy and vice versa.
  10. M

    Bitcoin Price Thread

    OK. LOL. Why not? I'm genuinely curious. I mean even if we eliminate all the bullshit "it's going to a million hype", I'm sure it will re-test the highs which make it a 3 bagger from these levels.
  11. M

    Florida is a mecca for traders, why taxfree Bahamas (50 miles away) is not?

    I'm still not buying it. You have all this in FL. Plus a lot more culture, sports, variety, schools, hospitals, etc. Seriously are you sure you have been to FL? LOL. You basically just described Boca Raton.
  12. M

    Bitcoin Price Thread

    Let me ask you this question, are you adding here?
  13. M

    Florida is a mecca for traders, why taxfree Bahamas (50 miles away) is not?

    You can have all this in Florida and more with a much higher quality of life. I still don't get the point of this thread. Have you been to Coconut Grove or Coral Gables? Seriously, take a visit.
  14. M

    First AI ETF is out, would you buy at all?

    Let's check how this little fella is doing. AIEQ up 10.51% YTD SPY up 4.19% YTD That's 2 to 1 out performance. And guess what? They are launching a new international AI ETF. https://finance.yahoo.com/news/artificial-intelligence-watson-international-etf-152245353.html Poor Gloria.
  15. M

    Florida is a mecca for traders, why taxfree Bahamas (50 miles away) is not?

    If you are a trend trader, you have to like that trend. Look, I'm all for low taxes. But as you approach zero, the rhetoric has to change. And to keep this on topic, my comments are not that I love taxes, but there is no way I'm moving to an island to escape avg effective tax rates that are...
  16. M

    Florida is a mecca for traders, why taxfree Bahamas (50 miles away) is not?

    And to add to that, WTF do people have against taxes? Jesus Christ, I'm a libertarian and even I think taxes in the US are insanely low. The avg American has an effective tax rate in the single digits and they want to move to some 3rd world island to save a few percent?
  17. M

    Bitcoin Price Thread

    http://fortune.com/2018/04/20/bitcoin-mining-profitability-tsmc-morgan-stanley/
  18. M

    Bitcoin Price Thread

    I'm just surprised. It's had plenty of 30% to 50% selloffs and you were never phased by it. Why does this level bother you? If something moves as much as this does, you just get immune to it after awhile. I just find it interesting being that you are one of the biggest bulls here and it...
  19. M

    Bitcoin Price Thread

    A HODLer is actually worried? Wow. This is interesting. Supposedly 5000 is the level that mining will come to a halt as the economics of it start to get ugly. Not that this is a supply issue but mining is the backbone of the crypto economy right now since it's not being used for anything else.
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