Jack do you have anything to add to the discussion we had recently on harmonics? I, and I'm sure others, would appreciate your comments on...
I know! The link is that book value is calculated on an historic cost basis (the costs sunk into the business). It is irrelevant to the future...
Look up "sunk cost fallacy", that should help you on your way.
Thanks for the summary. I took a quick look and Avi8 made some great points too: e.g. If you wait for confirmation in price you will be too...
Yes - this is what first made me look deeper into what Jack had written compared to your recent posts, as I know his stuff pertains to the overall...
The confusion arises because we are comparing the difference between two series of three significant terms only: 1,2,3 and 1,2,4. Of course...
Hi Pepe I'm sorry you misunderstood. I could only make it clearer by knowing where you are currently in understanding all this. There is a...
I did some work on this stuff today.
Spydertrader (Jun 5, 2007 2:30:08 PM) edited just because you reach a conclusion in one moment, doesn't mean you can't have a different...
OK, I've had a lot of PMs regarding my Excel chart of the DOM. I do not want to distract from Spyder's recommended syllabus or spoil the pace...
Excel. PM me if you need more.
Nice display. Here's an example of a wall forming on the DAX yesterday: <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1487995>
I did some thinking about the DOM a while back and found very little on ET that answered my questions, other than a few gems from Mak and Jack. I...
After: (see chart)
Before: (see chart) The 0930 bar forms on large volume, heads down, hits support wall and immediately heads back up. Very volatile compared to...
I suspect Spyder has told us all this many times before and most of what we need is on Page 1, LOL. :) I found the first 2 hours tricky and...
I'd have drawn the channels the same as you: it matches the gaussians up to 10:55. This channel identifies the FTT well and potential P1 at...
This is interesting stuff. Could you post an example (PV chart)? As to the reason: at every price level someone thinks it's a bargain (given...
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1478004> Great, kid. Don't get cocky. Hog Solo
FWIW, I had the same analysis, but my chart is not as sexy as yours. Also the YM was very useful confirmation over those bars - I thought...
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