Archive for May, 2008
Wednesday, May 7th, 2008
Answers to Questions II
Tonight I’ll complete my answers to the questions I received. But before I do that, I want to draw your attention to the ’search’ functionality available to all readers. Figure 1 shows its location - just type key words and you’ll have all the entries containing the key words .
Now, let’s turn to the questions.
The […]
8 Comments » - Posted in Miscellaneous by ray
Tuesday, May 6th, 2008
Answers to Questions I
Rob Nicholas asked: “I’m curious about the minimal requirement for acceptance, a single close above 1406. What do you think about a higher level of confirmation because it’s against the longer-term trend, such as a +3 LCC or WPC? Thanks.”
To answer this question we need first to understand that WPCs, and LCCs are filters to […]
7 Comments » - Posted in Miscellaneous by ray
Monday, May 5th, 2008
What Now for the S&P
Tonight I want to re-examine the S&P. but before that, I need to attend to two matters:
An apology to all readers of this blog for misleading you. I told you that the Nature of Trends was a best seller. In fact it is not. For a full explanation of what I mean and why I […]
9 Comments » - Posted in Written Plan by ray
Friday, May 2nd, 2008
Meaning of Money
I am going to start a new feature. At the beginning of the month, I’ll list the web sites, books, products that I am happy to recommend. If I am to receive a commission for the referral, I’ll say so. Generally I don’t accept commissions even if offered. I can’t remember the last one I […]
8 Comments » - Posted in Miscellaneous by ray
Thursday, May 1st, 2008
Thinking ‘Three Moves Ahead’ VI
This blog on ‘planning’ and luck’ will be the last in this series. Recall that I am dealing with the role of luck and planning in trading/investing.
Bob Rice, in “Three Moves Ahead”, takes the view that we give ourselves the opportunity to ‘get lucky’ if we act in accordance with a plan. Today […]
