ask tom

[tsptalk]

I look at daily, weekly and monthly, couldn't see the "double top neckline of 1160" he mentioned above. where is the double tops and 1160 came from?

thanks

The projection below the break of the neckline is equal to the distance from the peak to the neckline. So 1575 to 1375 = 200 pts. 1375 - 200 = 1175. He says 1160 so perhaps he is using the first peak in the double top.

I hope that helps...

 

[lindalyc]

many thanks, Tom.
I overlooked then word "Projection...."

 

[RPM]

Tom:

I have another favor to ask. Would it be possible to have a direct link to the Automatic Tracker from the message board? As I read the members' discussion on their moves, it would be great to be able to go there directly. Right now, I have to go back out to the home page, then click on tracker. You already have the message board link from the tracker page, which is absolutely great.

Thanks for keeping on improving the site and maintaining the forum for us. BTW, on the tracker, what do (ps) and (pm) stand for?

Thanks again

 

[tsptalk]

Tom:

I have another favor to ask. Would it be possible to have a direct link to the Automatic Tracker from the message board? As I read the members' discussion on their moves, it would be great to be able to go there directly. Right now, I have to go back out to the home page, then click on tracker. You already have the message board link from the tracker page, which is absolutely great.

Thanks for keeping on improving the site and maintaining the forum for us. BTW, on the tracker, what do (ps) and (pm) stand for?

Thanks again

I'll take a look to see how easy that will be.

pm = premium member
ps = premium service

 

[tsptalk]

Would it be possible to have a direct link to the Automatic Tracker from the message board?

Done! It's in the main menu above.

 

[luv2read]

Awesome! Thanks Tom!

 

[Guest2]

That was not only fast, it was a great idea ! Thanks to
both RPM and Tom. It was one of those ideas which cried
out; "why didn't I think of that ?",,,,,, EXCELLANT !!!!!!!!!

 

[McDuck]

Tom,

If you had gone 100% C-fund on Aug 25th (having lost 4% as of today COB), would you go to safety (G-fund) tomorrow?

Thanks

 

[tsptalk]

Tough call. We could have a temporary rally here (couple of days). Maybe waiting for a rally toward 20/50 day moving averages would be better.

 

[McDuck]

Tough call. We could have a temporary rally here (couple of days). Maybe waiting for a rally toward 20/50 day moving averages would be better.

So that would be ~1260, which is a move up of 50 points, right?

 

[MohammadXX]

Tom,

Any suggestions how to play triple-witching Friday?
Is it even a factor?

 

[tsptalk]

I'm not sure Mo. Expiration day is not always wild. It depends on strike prices and where the volume is on each side. I am more worried about post options week than Friday. But it depends on the action leading up to it.

Sorry I couldn't be more helpful.

Tom

 

[MohammadXX]

"Expiration day is not always wild. It depends on strike prices and where the volume is on each side. I am more worried about post options week than Friday. But it depends on the action leading up to it."

Thank you for the input.

 

[RPM]

Tom:

I have been pondering the points that Birch has been pounding about the number of shares you own, and don't know whether or not your system of tracker % does take that into account. On appearance, it seems to be based solely on the share price, not the number of shares.

I know that last year, when I was moving in and out of the market a lot, sometimes my balance is higher than before, but my actual number of shares is lower. The higher balance is purely due to the higher share price, but then if I had hold the previous higher number of shares, my balance would have been even higher.

Does the higher % implicitly mean that you have more shares? Is there some spreadsheet that you have that keep track of both? What am I missing?

Thanks,

 

[tsptalk]

Hi RPM. The number of shares is really meaningless. It's the account balance that is important. I don't care if I have 100 shares worth $50 or 1000 worth $5, it is still a $5000 account. Those share prices will go up and down in the same percentages. i.e. - If both shares went down 10%, you'd have $4500. The $5 shares are now worth $4.50, and the $50 are worth $45.

When a company splits their stock, the shareholder gets 2 times the number of shares at half the price. There is no real gain to anyone's account.

If someone really just wanted more shares, they should just get into the cheapest fund. Would you rather own 100 shares of IBM or 1 share of Berkshire Hathaway?

Hope that helps.

 

[McDuck]

Tom,

Could you tell why I have only one black reputation dot while I have posted over a 600 times? You have 7 green ones.

Thanks,
Greg

 

[Minnow]

Tom,

Could you tell why I have only one black reputation dot while I have posted over a 600 times? You have 7 green ones.

Thanks,
Greg

I'm not TOM but, go to your "User CP" .. then click on Edit Options... then scroll down to show your reputation level and check that box... I'll be the first one to give you reputation points....

Don't feel bad... I got one box and 300 posts but mine are all questions so I don't deserve more You sir are valuable to this site.

 

[McDuck]

I'm not TOM but, go to your "User CP" .. then click on Edit Options... then scroll down to show your reputation level and check that box...

Thanks for the info. It worked.

I had been figuring that MilkMan's old buddies here must have been blackballing me.

 

[Minnow]

hehehehe ... Hey LLama.... how about a little somethin'.. you know ... for the effort?

 

[Intrepid_Timer]

Thanks for the info. It worked.

I had been figuring that MilkMan's old buddies here must have been blackballing me.

Just can't get over that man can you?