Boolean algebra inside.

Quote from tradingbug:

I have noticed this happens often as you say. I just use the first ST non dom traverse of the new IT long trend(usually within the cup) that has just gotten underway to get ready for the BO.

Thanks for the reply.
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Very good.

This is right on for what you are gong to be achieving ovr and over.
 
You emphasized a quality universe multiple times and It seems that this is the lynch pin of PVT consistency. I was wondering if you could go over the fundamental analysis of what constitutes a quality universe. Thanks.
 
Quote from jack hershey:

Tomato plants are locus's in an example. the plant are n+1 in number compared to their separations n. Plants begin and end a row (trend).

the three spaces are the three moves of a trend: move 1, move 2, and move 3.

3. the first list.

4. DMI + has a formula. It gives you the value you see plotted on the chart. When you add the pane that contians DMI+ and DMI- then you see the blue and the red line (defaults ,respectively).

At some point you will become inclined to begin to get set up to trade stocks.

Every week after Friday, set up a universe. Then set up a batting order of HOT stocks. Post it early on the weekend so I can fix your work to be able to use it during the week.

Do you have a copy of "Putting the Pieces Together"? if so post it so others have it.
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1. What is the purpose of having DMI+ and DMI- on the chart?

2. The default setting for both is 7. Is that the one that should be used?

3. I supposed it is not used to automatically rank the stocks. Looking at both I would say it is an additional criteria that can be used in order to decide if one should trade that stock or not. For example if the stock reached DU but DMI+ didn't cross DMI- then don't trade that stock, yet. Correct?
 
Quote from frenchfry:

1. What is the purpose of having DMI+ and DMI- on the chart?

Markets trend Long or Short; this takes care of the "D". An Index is usually Of a magnitude; that is I. What is meausred is "momentum", a phyics term; that is M. The direction is + for Long and - for Short.

We are looking at a Universe of stocks that "all look alike". We culled from 7,000+ down to about 100 to 125. These stocks are all money makers.

We chose to trade them long and just rotate the capital out of a stock to get into another stock. We see this rotation as A NEED TO HAVE CAPITAL TO MAKE MONEY. A stock than has done its job is sold to have $$$$$ to put into an new emerging Long half of the stock cycle.

Emerging stocks are "weighted" by their promise to "Make Money". We replaced the IAS with this "weighting of promise".

I invented a "valuation". It is called final rank. Rank shows the extent of the "promise".

In "Making Money" what is needed is a "failsafe" system so you do not have to think as you grow rich. For me, it came into being in 1957 in 40 days all from scratch. Today, we automate stuff so we can do much more with little effort.

On any given day, you are told that within an hour or so one or more stock will lift off and begin to make money. You own stocks that are making money. With "Final Rank", all these stocks can be compared.

You monitor and analyze. you sell the lower ranked owned stocck to buy higher ranked "hot" stocks. This is your "strategy".

By having all the numbers in your computer, all you do once is make up the mathematics for this strategy.

These concepts seen "natural" to me. how I invented and combined the pieces seems like a "natural flow" of raw information into a plane which has a strategy.

I feel all people should have more money than they need. I feel all people should use money to make money. I feel people do not have to work but they do have to help others as they wish. PVT achieves this.[color]

2. The default setting for both is 7. Is that the one that should be used?

Everthing that was needed was invented long ago. WW chose 7 after doing a lot of work even before the PC was invented. After the PC came into high usuage his defaults were still good for DMI's. Others changed. At that time I set the new defalts. Some people took years to accept the new defaults. But that has happened all over the world by now.

3. I supposed it is not used to automatically rank the stocks.

Surprisingly, I do use final rank to chose as I suggested above. For me it is very rational to use what is invented for a purpose to carry out the given purpose.

Looking at both

Stop looking. Instead use DU, FRV, and PKG which are the PVT values in the PVT rules.

I would say it is an additional criteria that can be used in order to decide if one should trade that stock or not.

you may not remember but we used a seven part filter to get a trading Universe. All these filter items are very very important. they WERE used WEEKLY on the WEEKEND. Reread "putting the Pieces Together. There in that 77 page description of ONE DAY, you see the PVT in full operation creating a money velocity that allows anyone to double their capital SIX TIMES a YEAR.

For example if the stock reached DU but DMI+ didn't cross DMI- then don't trade that stock, yet. Correct?

WRONG!!!!!!!! Place the HOT list and the OWNED list over the top of whatever you are thinking about looking at.

As the day goes by; look at the lists and turn the pages of "Putting the Pieces Together" so that you change illustrations 31 times as day over the 77 pages. You look at the time stamp on the title of the illustration; you look at your watch and make the two readings match.
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Begin to trade and keep a journal of your profits. What you are gong to do someday is just get weekly Universes (the Universe columns are done mathematically for you all automatically.) On sunday you get out a yellow pad and duplicate my hand writing on one sheet of paper. Now you have four streams of captital (25% of total capital each). each stream has batters. You make up the batting order and you have a couple of pinch hitters. This effort lasts 1/52 of a year.

As time passes, you double your money during the years as follows:


1 on day one>>>>2x's>>>>>>4x's>>>>>>8x's>>>>>>16x's >>>>>>32x's>>>>>>>>64's. Now it is the 19th of December and you take time off until the second week of January.

You have followed five rules as a weekly and daily routine using a platform that does all the filtering and list making for you. On a daily basis you look at you HOT list and your OWNED list.

Your broker sends you statements, etc....

Here is what you will find out.

1. As you keep 4 streams running they get larger each turn over.

2. When you get to the 8x's doubling you notice it does not TAKE as long to double as it did before. You CAN SEE BY NOW there WILL BE MORE DOUBLINGS in a year because of a phenomena called COMPOUNDING which I did NOT tell you about.

3. At some point you fiure out that you are making money faster than you have a NEED or WANT to spend it. So you see you can TAKE out your original capital and ONLY TRADE ON PROFITS. This has a BIG mental effect: YOU CAN NEVER LOSE MONEY BY TRADING. If you are single, this concept is too difficult for regular pussy to understand. But if you do find a group that understand this, then you can enjoy the element of variety for the rest of your life.

4. At some point you discover you can train your broker to do the work for you. He will be incentivzed since he is going to coattail his other big fish. If he lies or embelishes, then the SEC fines his ass.

5. At some point you learn that you do not have to trade every day. Deep sea fishing takes a week at a time. The Daytona 500 hundred takes a week as does the indy 500. I like deep water racing: Bermuda, EDLU, America's Cup. I had a US 122 King's Cruiser for cruising (think NYYC cruise from City Island , NY to Bar Harbor, ME or all the way to Isle d'Or, NS. I also did gliding; a GROB109 is low six digits plus hanger and plus tows. Do you ski???? 12 days at Mt. Blanc is fun and relaxing or do Ste. Savior or MT Treblant (the Riley's owned it in my day) just off route 11 in Quebec.

6. You have to live somewhere. It will NOT be the same place year 'round.

Market's use math. You need criteria, filters, formulae, rules and strategy. I did that for you. Read "Putting the Pieces Together" every day for a week. Turn the pages by using illustration titles and a wrist watch. When I need the time, Liz reads her Rolex.
 
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