The Surf Report
- Thread starter marketsurfer
- Start date
- Status
?? sure, I have and read both of them. Plus I have a library of over 300 trading books, so I know what I am talking about. 95% of them are a waste of paper.
connors has the infrastructure and team to conduct proper, valid testing with "real" data. the books are the result of extensive experience backed up by hard core statistics---
surf
Once again, expecting drop today and staying SHORT in YM.
when will it happen? don't know for sure, but it will, it will.
as we break even once again.....
keep the faith, surfers and surfettes!
surf
when will it happen? don't know for sure, but it will, it will.
as we break even once again.....
keep the faith, surfers and surfettes!
surf
You're amazing . . . and that isn't a compliment.
Larry's book is best described as a primer on "how the markets work" since it was first released over 5 years ago and in this industry technology moves research. Larry was spot on with his view of the markets but in his own words he only directed his research at daily price highs, daily price lows, intraday strength (which he saw as liquidity, hummm), advance issues and declining issues, put/call ratios and the VIX effect on the markets.
Great stuff and cutting edge information in its day but what about breaking down the components of those items to peal away the facade to see how the parts work independently and together to see what makes those areas really work. This ability wasn't available when Larry wrote his book. What, did you ridicule Larry's book when it came out as "magic" too because his level of information wasn't available up to that point?
You make a point that Larry's data was "real". It was but it wasn't complete. His use of data didn't give him the ability to break that data down to the sum of its parts in order to statistically compile information at that level. God forbid he would have had that ability back then, you would have called him crazy too.
He saw that liquidity and volume was a major factor in his research but didn't have the ability to utilize that information to its fullest. That ability is available now but like most researchers they get complacent as time goes on. They figure their contribution to their field is complete and they rest on their laurels.
Larry's book was one of the few books I read after I began my own research and the reason was that it made sense to break down the markets to as many segments as possible in order to figure out what made it tick. For God's sake Surf you can't build a car if you only have half of the parts and then you have to know how each of the parts work (intricately and together) to insure the car works efficiently.
Plus 100 and counting on the short YM here. holding in an attempt to catch the big down wave--certain to hit sooner or later.......
stay on the boards, we will catch the tsumani.....
surf
stay on the boards, we will catch the tsumani.....
surf
I am happy you liked the book. however, here you go again with your claims of "special". " advanced", "private", knowledge.
If I didn't know better, i would say you took this rhetoric from the "how to be a cult leader" $5.00 pamplet in the classified ad section of the the National Enquirer.
surf
I thought you didn't believe in "holding" and "faith." And yet, here you are.
Quote from Thunderdog:
I thought you didn't believe in "holding" and "faith." And yet, here you are.
faith in surf shack's analysis, my brother. holding shorts here.
surf
There is nothing special or private about tick data. Indiana University, Iowa State, Ohio State University and Harvard all have groups currently researching tick data. I guess they all subscribe to the National Enquirer too huh?
There is something special though with a "journalist" who thinks specific detailed market volume research is magic but thinks general market research is "the only one out there teaching retail traders a real edge".
Considering the industry you are in you could be a leader considering the lame excuses for journalists out there but you are your own worst enemy. You simply refuse to think for yourself or maybe you just can't.
- Status