06/25/2012 Live Update

[xfradnex]

DrAl. I believe that you have to match STOs with current market conditions; otherwise you are going to get a bunch of whipsaws in your STOs. This requires experimentation. This should be dependent on the time between major peaks and valleys and the sample rate. I believe that some of the authors of TA don't really understand the hows and whys of tuning STOs so they just give out a conservative setting to make things easy for the readers/students. .

XFRANDEX
Got it, thanks
[Also, I deleted my settings from those posts, so as not to harm anyone. Please do me a favor and “edit” your last post and erase my settings, thx]

I don't believe your setting would hurt anyone. If you are in this game, it is just one of the risks. I do think that we should change our signatures. The signature should state something to the affect: Don't believe anything I say above, it is not based on reality, and you may lose your A$$ or money if you do believe me .

I think that the number of samples used in a STO should not exceed the number of samples between major peaks.

[Al_Dente]

XFRANDEX “”””””Don't believe anything I say above, it is not based on reality, and you may lose your A$$”””””””

Actually I’m partial to your “flip that coin”

Things that make me go hmmmmmm on yr elders
JNK should have gone more red
What/why HDGE?
XLP why aren’t all those bears buying more defensives
why do u think aapl will pop when it just now FINALLY turned red; can’t it have a few more red days?
UNG 8 straight days of greens…. how many more can there be before a breather?
And more

Actually this is first day I used yr elders for “alerts”… or “wake up call”
In other words: eg: saw JNK….. went immediately to intraday and daily JNK to see how/why…
(maybe toooooo simplistic on my part) still working on understanding it better…

c u tomorrow

[xfradnex]

XFRANDEX “”””””Don't believe anything I say above, it is not based on reality, and you may lose your A$$”””””””

Actually I’m partial to your “flip that coin”

Things that make me go hmmmmmm on yr elders
JNK should have gone more red
What/why HDGE?
XLP why aren’t all those bears buying more defensives
why do u think aapl will pop when it just now FINALLY turned red; can’t it have a few more red days?
UNG 8 straight days of greens…. how many more can there be before a breather?
And more

Actually this is first day I used yr elders for “alerts”… or “wake up call”
In other words: eg: saw JNK….. went immediately to intraday and daily JNK to see how/why…
(maybe toooooo simplistic on my part) still working on understanding it better…

c u tomorrow

For apple, read my disclaimer. Big buyers buy AAPL as part of their portfollio. If the market goes down, so does apple. But if apple is not sliding as fast as QQQ, a zero movement day for QQQ should be a positive day for apple. HDGE seems to be a higher performer going short and on long days it does not do that bad because it is betting on crippled companies to go down. As far as JNK is concerned, I do see a problem going short with the market because JNK should be more sensitive to down market trends.

[xfradnex]

Dr Al,
Check this chart out and see if it matches my eye chart for JNK/SPY ratio. It appears JNK has some behavior that is not predictable and some that is. The best indicator was JNK by itself between March and April. Check out the circles. Circles 1 and 3 indicate market up. 2 indicates market down. Does Circle 4 = down

[Al_Dente]

XFRANDEX
I don’t use the JNK/SPY ratio. I like to compare opposites instead: risk-on/risk-off
I use JNK/LQD or HYG/LQD (but JNK/$UST gives a more “”true”” picture of risk versus safety).
It sometimes give me decent positive/negative divergence signals that I can work with… and when it clearly tells which one is dominant…. that’s where we’re headed…but it is only ONE of many good/lousy indicators… never used alone…
zh is talking about exactly that tonite… without using ratios… http://www.zerohedge.com/news/heres-why ... stocks-yet

ps u crack me up… re aapl… “see my disclaimer”