not a bad call to buy dip last Thursday

S&P is making new high. I continue to hold my longs. It appears that the indicators work even in face of recent news, although there are too few data points to extrapolate :)
 
Not a bad call to buy any dip when it presents itself. Market continues to go up regardless of news. No news is good, good news is better, and bad news is the best of all :)
 
Tsing Tao said:
Not a bad call to buy any dip when it presents itself. Market continues to go up regardless of news. No news is good, good news is better, and bad news is the best of all :)
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Yes. There might be a small pullback from here, around 30 to 40 points in S&P. I would not completely get out of long positions for such a shallow pull back, but one could consider hedging a bit.
 
My short signals are a lot less frequent than the long signals. But when they do present themselves, they are usually profitable as well. This means a lot. If short signals are profitable in this extended bull market, it is possible that the long signals will remain profitable in a bear market. In another word, this trading system could be quite robust in all sorts of market conditions. One can certainly hope :p
 
This morning the red indicator dropped just below 20 when S&P was around 1840. This would be considered as a buy signal.

It needs to be noted that signals were usually profitable in the past does not guarantee they will remain profitable in the future. Nor will they time tops and bottoms perfectly. For example, the buy signal at end of January was about 1 week and 50 points too early from the actual bottom, although eventually the market went up by about 100 points from where the signal was.

Let's see if today's signal will hold.
 
user268 said:
The original thread is here:

http://elitetrader.com/vb/showthread.php?s=&threadid=279598&perpage=6&pagenumber=7

These two indicators were generated during my own data mining process, by combining and manipulating a number of parameters.

Based on the attached updated chart, this uptrend still has legs.

The black crayon line is when the indicators gave the buy signal. Some fairly accurate signals were given in the past as well.
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I read your index map, it is very interested。Whether we can have more discussions。I study Chinese stock market，I found your figure curves and movements like the Shanghai Composite Index，How to use your method to study the Shanghai Composite Index?
You can talk your method ideas?
 
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