Quote from bwolinsky:
Jack, please interpret the signals DU and FRV. I can see some as a percentage of the 65 day volume average, but it's not obvious from this table what DU or FRV is measuring.
Also, there's nothing Scottd is doing that in any way relates to this document.
After looking at it, it appears you are saying the market is controlled by volume, which I would say has no real basis....I'd have to backtest it.
I put the one pager up to go beyond Trader666 and his pals lack of understanding of markets.
By using it a person at fifth grade or above can make money trading stocks.
Over the years I have made a glossary of terms for pool extraction which is outside of the CW that the financial industry used until its recent collapse and continuing meltdown.
The history of the term dry up can be traced I'm sure. It was probably related to water originally. Pour water on the ground on a sunny Summer day and it will dry up.
In trading most people do not understand how markets work. So they can't figure anything out.
Now go further. Put a bucket on the ground.
Use a hose.
Do what any fifth grader would do. Fill the bucket. Walk away and come back in a month or so.
DU is the ground with no water or a bucket with no water.
We choose a Universe of stocks that are like choosing a kind of bucket. It is like bar tenders choose glasses for their bar.
They choose glasses that fill up fast and empty fast.
The universe is a tall bucket, tall glass kind of stock.
DU is like before starting to pour a beer from a supply.
FRV is when the bar tender recognizes he is no longer missing the hole at the top of the glass.
Peaking is when the beer level cannot rise any more.
Here is how the world works on stock prices.
Disagreement causes low volume.
Our (meaning those who use this method and not turkeys like the OCD's here) Universe only allows high beta stock shaped bucket or beer glasses. By taking data, we found out how the stocks work in the universe. Think of it as a good sampling that made me rich in the 50's, 60's, 70's 80's, 90's, and 00's.
This knowledge allowed me to deduce a few things: timing the markets and choosing the high beta stocks.
I put it on a page for people who are dumb fucks who cannot time the market or choose the right stocks.
I had to add columns to the page and do the rules in color. the added columns had to show when therer was disagreement on price (DU). The columns had to show timing (FRV and PEAKING)
People who use the one pager also have universes and they have the ability to RANK stocks. The stock's RANK is its % change per day when it is in the long portion of its cycle.
If a person is not a dumb fuck he can look at all his ranking sheets and see the average time of hold, divide it into 100 and make the answer the exponent of the compound interest formula. Next this non dumb fuck would put the rank into the formula and use his calculator to get an answer.
He takes the answer and sees it is greater that 10x times the capital he chose to enter.
What he found out is how stocks that are in the Universe and have RANKS, if he trades them, the has an order of magnitude shift in wealth in less than 100 days. He found out it was less than 50 days too.
DU is when a stock is at the bottom of its cycle in the Universe. One any day if it feels like it, it can decide to not be in DU.
Because Qcharts had a programmer who made up "unusual volume" as a column heading, we used it years ago to watch lists.
Today people have "Watchlists" these watch lists are social science history lists of what happened that you missed before the stock got on the list.
We did it backwards. We made a universe and we used the universe to make up a hot list. The hot list has stocks that are in DU that are about to go to FRV in a while.
When they do they go to the top of the list BEFORE the price breakout. they do this because the volume is no longer in DU and you know this because the "unusual Volume"
column is how the list is sorted.
I figured all of this out and when the PC was invented even dum fucks could use "unusual volume" to make an order of magnitude of money change in less than 100 days.
It is true, however, that we proved here that people dumber than dumb fucks could not do this, test it, understand it or use it to be rich.
Obviously this is something for people who are not the sharpest tacks in the box but are not afflicted with "dumb fuckness".
Today a person click on a sort icon. The Universe appears.
He looks at the list and prepares a rank sheet (it is done automatically on an excel sheet when you transfer the Universe to the sheet) Oh wait, that is done automatically too.
Anyway a person looks at what must come next in scoring for the stocks. On wait, the score is done on the Excel automatically too.
The person makes a second list on Qcharts called a Hot list. the market opens and the hot list tells you an hour before price lifts off what stock to sell and what stock to buy.
In "Putting the Pieces Together" the hand made Hot list is on page 17. The person is already trading the 100 test so you see owned stocks too. As you read through to page 77 you see 30 snagits of the hand made list and the Universe going through the day.
The number 15 in the price change column on some of the charts is the price change from the open that day.
There are some dumb fucks here who can't read and can't do this and they KNOW it is crap. Why? Well they are proven dumb fucks.
The reason I invented all of this (I'm obviously not a trading strategist) was to point out to others on ET who the dumb fucks are.
The above cited publication is in color and it has a video associated with it for those who are such dumb fucks that they cannot read.
Trader666 has put the audio of the video on the web partially. It is the part where I explain to the group how order of magnitude changes occur in less than 100 days.
Final exam: What is the smallest average profit over 100 daysou can plug into a compounding formula and still change the capital by an ordr of mangnitude? Extra credit: Can any stock with a rank that low make it into the Universe? LOL. A dumb fuck cannot figure this exam out.
Jack, please interpret the signals DU and FRV. I can see some as a percentage of the 65 day volume average, but it's not obvious from this table what DU or FRV is measuring.
Also, there's nothing Scottd is doing that in any way relates to this document.
After looking at it, it appears you are saying the market is controlled by volume, which I would say has no real basis....I'd have to backtest it.
I put the one pager up to go beyond Trader666 and his pals lack of understanding of markets.
By using it a person at fifth grade or above can make money trading stocks.
Over the years I have made a glossary of terms for pool extraction which is outside of the CW that the financial industry used until its recent collapse and continuing meltdown.
The history of the term dry up can be traced I'm sure. It was probably related to water originally. Pour water on the ground on a sunny Summer day and it will dry up.
In trading most people do not understand how markets work. So they can't figure anything out.
Now go further. Put a bucket on the ground.
Use a hose.
Do what any fifth grader would do. Fill the bucket. Walk away and come back in a month or so.
DU is the ground with no water or a bucket with no water.
We choose a Universe of stocks that are like choosing a kind of bucket. It is like bar tenders choose glasses for their bar.
They choose glasses that fill up fast and empty fast.
The universe is a tall bucket, tall glass kind of stock.
DU is like before starting to pour a beer from a supply.
FRV is when the bar tender recognizes he is no longer missing the hole at the top of the glass.
Peaking is when the beer level cannot rise any more.
Here is how the world works on stock prices.
Disagreement causes low volume.
Our (meaning those who use this method and not turkeys like the OCD's here) Universe only allows high beta stock shaped bucket or beer glasses. By taking data, we found out how the stocks work in the universe. Think of it as a good sampling that made me rich in the 50's, 60's, 70's 80's, 90's, and 00's.
This knowledge allowed me to deduce a few things: timing the markets and choosing the high beta stocks.
I put it on a page for people who are dumb fucks who cannot time the market or choose the right stocks.
I had to add columns to the page and do the rules in color. the added columns had to show when therer was disagreement on price (DU). The columns had to show timing (FRV and PEAKING)
People who use the one pager also have universes and they have the ability to RANK stocks. The stock's RANK is its % change per day when it is in the long portion of its cycle.
If a person is not a dumb fuck he can look at all his ranking sheets and see the average time of hold, divide it into 100 and make the answer the exponent of the compound interest formula. Next this non dumb fuck would put the rank into the formula and use his calculator to get an answer.
He takes the answer and sees it is greater that 10x times the capital he chose to enter.
What he found out is how stocks that are in the Universe and have RANKS, if he trades them, the has an order of magnitude shift in wealth in less than 100 days. He found out it was less than 50 days too.
DU is when a stock is at the bottom of its cycle in the Universe. One any day if it feels like it, it can decide to not be in DU.
Because Qcharts had a programmer who made up "unusual volume" as a column heading, we used it years ago to watch lists.
Today people have "Watchlists" these watch lists are social science history lists of what happened that you missed before the stock got on the list.
We did it backwards. We made a universe and we used the universe to make up a hot list. The hot list has stocks that are in DU that are about to go to FRV in a while.
When they do they go to the top of the list BEFORE the price breakout. they do this because the volume is no longer in DU and you know this because the "unusual Volume"
column is how the list is sorted.
I figured all of this out and when the PC was invented even dum fucks could use "unusual volume" to make an order of magnitude of money change in less than 100 days.
It is true, however, that we proved here that people dumber than dumb fucks could not do this, test it, understand it or use it to be rich.
Obviously this is something for people who are not the sharpest tacks in the box but are not afflicted with "dumb fuckness".
Today a person click on a sort icon. The Universe appears.
He looks at the list and prepares a rank sheet (it is done automatically on an excel sheet when you transfer the Universe to the sheet) Oh wait, that is done automatically too.
Anyway a person looks at what must come next in scoring for the stocks. On wait, the score is done on the Excel automatically too.
The person makes a second list on Qcharts called a Hot list. the market opens and the hot list tells you an hour before price lifts off what stock to sell and what stock to buy.
In "Putting the Pieces Together" the hand made Hot list is on page 17. The person is already trading the 100 test so you see owned stocks too. As you read through to page 77 you see 30 snagits of the hand made list and the Universe going through the day.
The number 15 in the price change column on some of the charts is the price change from the open that day.
There are some dumb fucks here who can't read and can't do this and they KNOW it is crap. Why? Well they are proven dumb fucks.
The reason I invented all of this (I'm obviously not a trading strategist) was to point out to others on ET who the dumb fucks are.
The above cited publication is in color and it has a video associated with it for those who are such dumb fucks that they cannot read.
Trader666 has put the audio of the video on the web partially. It is the part where I explain to the group how order of magnitude changes occur in less than 100 days.
Final exam: What is the smallest average profit over 100 daysou can plug into a compounding formula and still change the capital by an ordr of mangnitude? Extra credit: Can any stock with a rank that low make it into the Universe? LOL. A dumb fuck cannot figure this exam out.