ES Journal - 2012

[Trvlwanderer]

Quote from ammo:

10 day theory, unwritten brokerage in house rules,if you tell your customer to buy a stock ,several customers,and you buy it ,you can't sell in to your customers as they are buying a 1/2 point ,few points higher,you have to hold for ten day minimum,same with shorts,if you downgrade a stock asking them to unload

Interesting, but who or what determines the start of the particular "buy" cycle.?

 

[ammo]

turns,the houses are investing large bucks in concentrated easier to manage areas,retail is one heard, the brokers are another herd,beneath the soros,berkshire types that ten day chart day 1 was a reversal bar

 

[Trvlwanderer]

Quote from ammo:

turns,the houses are investing large bucks in concentrated easier to manage areas,retail is one heard, the brokers are another herd,beneath the soros,berkshire types

That is clear, just not sure how one determines a start point of these buys. Looking at blocks of ten days shows a scattering of choices.

Is there an edge to be derived or a caution flag?

 

[ammo]

Quote from Trvlwanderer:

That is clear, just not sure how one determines a start point of these buys. Looking at blocks of ten days shows a scattering of choices.

Is there an edge to be derived or a caution flag?

its not one of those layup tools,just an assistant,after a ten day run,look for a turn ,if that turns into an extended move ,watch day ten again

 

[Trvlwanderer]

Quote from ammo:

its not one of those layup tools,just an assistant,after a ten day run,look for a turn ,if that turns into an extended move ,watch day ten again

Good for the tool bag. Thanks.

 

[Trvlwanderer]

some res at 46-47. a punch through may stimulate another round. uneasy short at this point.

 

[ammo]

Quote from tortoise:



. (Wave is particularly absurd, floating into the forum with delphic pronouncements, then vanishing when he's wrong--I believe he most recently called for a short in the 1320s with a target in the 1230s.) Wave, on the other hand, is all secretive pretense. I now have Wave on ignore.



.

..not making a big deal here but wave is one of the best,doesnt post his trades,he's occassionally wrong ,who isn;t,but his strategy would take volumes to explain as he's added to the recipe for years,he mentioned a book once to read up on,i pulled it up and read a little of the description,i would need to be a rocket scientist first to understand the content,,don't take him lightly

 

[Laissez Faire]

Quote from ammo:

...he mentioned a book once to read up on,i pulled it up and read a little of the description,i would need to be a rocket scientist first to understand the content

Do you remember and care to share the title of the book, ammo?

Thanks.

 

[Trvlwanderer]

Where is CrazyA today?

 

[ammo]

Quote from Laissez Faire:

Do you remember and care to share the title of the book, ammo?

Thanks.

did an ammo /wave and a wave/ammo search and found the name hurst but not the book,this might be it... http://www.amazon.com/Mastering-Hurst-Cycle-Analysis-treatment/dp/0857190628