Does Probability exist?

[dbphoenix]

Sure, i apprieciate the opportunity. However, I don't believe DB answered your question, unless i missed it.

. . .

We firmly believe, and think it can be proven ipso facto that price DOES NOT predict future price-- this is so obvious to us despite the fractal illusion and other delusions of "price action" which has ruined many many traders.

surf

And so on.

For obvious reasons, ms can't respond to this sort of query without taking swipes at those who take a different path. I haven't followed this thread because of what it quickly turned into. But I did notice the reference to my failing to answer your question.

The answer to your question will be found here. If you have further questions and want to post them to the Foresight Thread, I'll be happy to answer them or refer you to previous answers. But none of this has anything to do with whether or not probability exists, so I won't be addressing this again in this thread. I just don't have the time. Sorry.

 

[marketsurfer]

And so on.

For obvious reasons, ms can't respond to this sort of query without taking swipes at those who take a different path. I haven't followed this thread because of what it quickly turned into. But I did notice the reference to my failing to answer your question.

The answer to your question will be found here. If you have further questions and want to post them to the Foresight Thread, I'll be happy to answer them or refer you to previous answers. But none of this has anything to do with whether or not probability exists, so I won't be addressing this again in this thread. I just don't have the time. Sorry.

A link to a competitive website? WTF? I got banned for doing this.

All i see is a bunch of unproven platitudes, references to "auction markets" that are truly irrelevant, and other wrong use and wrong application of a variety of ideas.

An example-- ascessing " supply demand" imbalances on a mometary basis based on a price chart??? Dont you understand how the markets work??


Please no more links to your site -- where is the testing??

 

[dbphoenix]

A link to a competitive website? WTF? I got banned for doing this.

All i see is a bunch of unproven platitudes, references to "auction markets" that are truly irrelevant, and other wrong use and wrong application of a variety of ideas.

An example-- ascessing " supply demand" imbalances on a mometary basis based on a price chart??? Dont you understand how the markets work??


Please no more links to your site -- where is the testing??

I answered his question. If you don't like the answer, that's not his problem.

 

[debitspread]

There is, however, only one essential, one lynchpin, one fundament [sic] when it comes to understanding the auction market: supply and demand and the Law thereof. Everything else – support, resistance, trend, price movement, volume – stems from the balances and imbalances between supply and demand, selling pressure and buying pressure, sellers and buyers, yet struggling traders are generally incapable of accurately assessing the state of these imbalances, i.e., determining who's in charge at any given moment or interval (some are capable but can't implement what they know, but that's another subject).

Have to agree with with a previous poster's critique -- this is empty rhetoric with no data to back it up.

 

[MadeMan]

I was not going to comment but changed my mind and will do so. The world/country/company/governments/people change.The crooks and misleaders are always in the background and are always there.The market indices are miscalculated.They are heavily weighted towards high cap stocks. They imply that a change in price automatically implies the same price change of all shares.regardless of the total number of shares in the company let alone the number of shares available for trading.They use numbers not percent price change so that the size affect of high price and low price stocks misleads. In all popular indexes very large cap stocks dominate the index and distort results. The fact that we have always done it this way and doesn't make it right any more than the incorrect plotting of moving averages because the financial idiots have always done it so makes it correct.I'm tempted to not insert this rant but what the hell here goes.

hmm.. if the crooks want to get rid of their big cap shares .. without making the index look bearish.. what do "they" do ? .. markup small caps , to sell undercover ?

 

[Gringo]

Do penny stocks exist in the absence of a penny?

 

[dbphoenix]

hmm.. if the crooks want to get rid of their big cap shares .. without making the index look bearish.. what do "they" do ? .. markup small caps , to sell undercover ?

Small caps generally lead the last gasp of an uptrending market while the large caps trail off. One needn't get into motives in order to recognize this and incorporate it into one's trading plan.

 

[marketsurfer]

Small caps generally lead the last gasp of an uptrending market while the large caps trail off. One needn't get into motives in order to recognize this and incorporate it into one's trading plan.

Another untested platitude. Please post charts of the russell and s&p 500 -to illustrate what u mean. Im open to any idea-just - i don't see any "leading" by small caps. surf

 

[dbphoenix]

Another untested platitude. Please post charts of the russell and s&p 500 -to illustrate what u mean. Im open to any idea-just - i don't see any "leading" by small caps. surf

Instead of wasting so much time playing Gotcha, why not get somebody to explain "price drivers" to you so that you can explain it to somebody else to a point where he/they might actually be able to do something with it/them?

 

[Buy1Sell2]

Another untested platitude. Please post charts of the russell and s&p 500 -to illustrate what u mean. Im open to any idea-just - i don't see any "leading" by small caps. surf

Actually, the small caps generally but not always, are first to rise at bottoms and first to decline at tops.