The ACD Method

[medicsix]

Quote from Shanb:

Nice ...youve been watching this for a while right? Are you tracking the number lines on all of these names that you follow?! Thats alot of legwork, worth it tho right?

I am discovery that it is a crazy amount of work to watch everything too.

I am basically keeping an eye on a basket of ETF's (monthly, weekly, daily data, and number line). Then either trade the ETF or find an outperforming or underperforming individual stock to trade.

 

[Maverick74]

Quote from medicsix:

I am discovery that it is a crazy amount of work to watch everything too.

I am basically keeping an eye on a basket of ETF's (monthly, weekly, daily data, and number line). Then either trade the ETF or find an outperforming or underperforming individual stock to trade.

I vaguely recall sometime back people asking me how could I put 60 to 70 hours of work into this a week? LOL. I think you guys are seeing how much work it really takes to become good at this. Of course you can always hire staff....

 

[medicsix]

Quote from Maverick74:

I vaguely recall sometime back people asking me how could I put 60 to 70 hours of work into this a week? LOL. I think you guys are seeing how much work it really takes to become good at this. Of course you can always hire staff....

Hey, nobody said running a ACD scam was easy. Just think of all the money your making off us.

Oh, wait......:eek:

 

[Shanb]

Quote from Maverick74:

I vaguely recall sometime back people asking me how could I put 60 to 70 hours of work into this a week? LOL. I think you guys are seeing how much work it really takes to become good at this. Of course you can always hire staff....

What do you think of this strength in bonds? ES going up, gold holding in, bonds ripping. LOL. Normal correlations have broken down, is this the new norm here?

 

[Quon]

Quote from medicsix:

Hey, nobody said running a ACD scam was easy. Just think of all the money your making off us.

Oh, wait......:eek:

Nice, hey Mav, I'll build you a website, you can start a paid service. ACDmentor.com.

haha

 

[Maverick74]

Quote from Shanb:

What do you think of this strength in bonds? ES going up, gold holding in, bonds ripping. LOL. Normal correlations have broken down, is this the new norm here?

The Fed has really screwed up correlations. They are forcing bonds higher with stocks. They really want to put a bid under risk assets. There really is nothing that can stop bonds from going higher. I honestly think being long ES and long Bonds is about as close to a risk free trade as you can get. They will with both go up together or if Es sells off, then bonds will really skyrocket and offset your equity losses.

 

[Maverick74]

Quote from Quon:

Nice, hey Mav, I'll build you a website, you can start a paid service. ACDmentor.com.

haha

Hold on, acquiring that site domain. I'll get back to you in a few...

 

[sarue]

I’m starting to appreciate mavericks repeated response that everyone has to figure out their own levels. I ran my ACD methodology on SH and got a daily A up of 38.98 and A down of 38.75. The range so far today is 38.98 to 38.73. It’s likely that few others have these exact numbers, but I’m very comfortable with how I calculated them. With that comfort level comes the confidence to trade them. The SPY daily made a failed A down today and the monthly A up held the morning pullback. I have to remain bullish until I see a confirmed daily A down. One caution though is that the monthly data is getting pretty stale.

 

[medicsix]

Quote from sarue:

I’m starting to appreciate mavericks repeated response that everyone has to figure out their own levels. I ran my ACD methodology on SH and got a daily A up of 38.98 and A down of 38.75. The range so far today is 38.98 to 38.73. It’s likely that few others have these exact numbers, but I’m very comfortable with how I calculated them. With that comfort level comes the confidence to trade them. The SPY daily made a failed A down today and the monthly A up held the morning pullback. I have to remain bullish until I see a confirmed daily A down. One caution though is that the monthly data is getting pretty stale.

SPY didn't quite get to my A down level, but pretty close. Came back and put in the A Up. With my monthly A Up close below it I agree with the bullish stance. SPY is pretty much flirting around my intraday A UP.

Nice to see how it's all coming together.

 

[Maverick74]

Forget SPY, just watch AAPL. They are basically the market now.