Spydertrader's Jack Hershey Equities Journal II

Status
Not open for further replies.
I didn't understand what Jack meant by minority rule for the longest time. But I believe I do now. I like to think of peak volume as that time when everyone agrees on price. All of the rats on the ship are happy. But then one rat jumps ship, and another, and on and on until there is a stampede or rats jumping ship. Who was the smartest rat? The first to jump ship or the last?
 
Quote from Bearbelly:

I know this question probably doesnt belong here but since the sct thread was shut down I dont know where else to post it. I did a lot of reading over the weekend and am beginning to grasp some of this stuff. I see now that the DOM, etc. do not come into the picture until you reach a decision point on the five minute chart. When you do get to the DOM Jack says "the minority is in control". Does this mean that price tends to move towards the majority?
More...

This thread on the PVT type trading for stocks works out quite well. I am not participating here (as a rule) as my contribution to its terrific value.

Q and A's on SCT didn't work out. An SCT type thread that would parallel this one would be helpful to people who are doing what spyder and I call the "work". What is important to be expert at SCT is quite valuable it turns out. This is true foir any very productive way of making money. Mixing PVT and SCT together in the same thread is unfortunate for the PVT traders who work here.

It has been determined that my views on how to provide answers and help to people on SCT (particularly the what, why, how, when and where of SCT) do not fit in the ET forum system because other factors better deal with supporting ET.

The SCT Q and A journal was closed because I failed to be responsive and was considered to be misbehaving regarding the needs of others for what they felt was the extremely important focus of their quests.

I am niave. I somehow felt that it was possible to be helpful to others. That is not the way theworld works anymore. It probably never did but I did not know that. You are not niave; you know what is going on and when you want one thing you go for it, when you want something else, then you go for it. So now you are getting what you want in this thread after the other one got closed down at the time that I wanted to be helpful and ET agrees with you that what you wanted then is the reasonable alternative for your benefit and the benefit of all other ET people.

It will be difficult to afford the continuity of what you are now seeking simply because the people who were of like mind with you on your last tack of requests will again intercede and, in this case destroy the continuity of the PVT thread being run by spyder et al in such a terrific way.

I am not going to respond to you here. I would want to deeply for the benefit of all but I am not going to have this thread wrecked by this intrusion whether it is deemed my intrusion or yours or spyder's considerate SCT prior supportive comments.
 
Status
Not open for further replies.
Back
Top