Ebbnflow's Day-to-Day Chart / FEB'07

[nnuut]

Nnutt,

Does this look better to you?

View attachment 1422

IMHO, the above looks nice but not realistic.

Better, but I think like you, it all depends who draws the lines and what they want to see. Yes with this one you have the required first two points and the third (confrimation) point, today. Lookin' kinda tight for tomorrow!

 

[350zCommTech]

Better, but I think like you, it all depends who draws the lines and what they want to see. Yes with this one you have the required first two points and the third (confrimation) point, today. Lookin' kinda tight for tomorrow!

Nnutt,

Did you also noticed that the EMW ended at 666? I'm not superstitious but some traders might be.

 

[airlift]

Spaf and Nnuut,
Itcould be a headfake, but this morning the RSI reading was below 70 and it closed at 71.92. But it now at the prior high before the RSI dropped along with the market for two consecutive days!!! I think I hear the bugle sounding recall. Will appreciate your ideas!

 

[nnuut]

Relative Strength Index, hummmm ----- appears to be in a oversold condition to me? Never use this indicator but looking back on the chart I can see what happens when it gets to the top (not quite yet), down she goes.
666.88 Sign Of The Beast!!! Watch out!!!!View attachment 1423

 

[Spaf]

If U are gonna use EMW, and based on the last correction, I would bet somewhere about 655. The last correction came so fast on the upswing, I decided it wasn't worth the chase.

 

[SkyPilot]

From Wikipedia



The Number of the Beast is a concept from the Book of Revelation of the New Testament of the Christian bible. The Number is 666 in modern texts, although 616 and 665 appear instead in at least one ancient source.[1]

 

[Spaf]

Sky,
Is that U over their sturring the pot?

 

[SkyPilot]

Sky,
Is that U over their sturring the pot?

Bah HAAAAAAAAAAAAAAA!

 

[Birchtree]

A break-away gap tomorrow would be ideal and doable. Throw it right on over. Let's walk the trend line violations. I need to do some freah buying next week - either way.

 

[ebbnflow]

For what it's worth:

............MON..TUE..WED
C-fund.....

S-fund....

I-fund......

System using ebbtracker's I-fund with cross-checking rules:

a) Two or more stop signs = safe haven (G/F-fund).
b) Two or more dollar signs = stocks (I/S-fund). *Optional: Use S-fund if market (DJI) is red before noon.

Following the above rules, I'm on the I-fund for next Monday (2 greens), the F-fund for Tuesday (2 stops) and back to the I-fund for Wednesday (3 greens).

 

[nnuut]

From Wikipedia



The Number of the Beast is a concept from the Book of Revelation of the New Testament of the Christian bible. The Number is 666 in modern texts, although 616 and 665 appear instead in at least one ancient source.[1]

Nothing to drive the markets tomorrow except OIL! If the beast has anything to do with it I think Oil would be appropriate!:suspicious:

 

[ebbnflow]

Thanks for the charts, links and laughs. Much appreciated! I wonder if they skip the number 666 when numbering houses the way they skip the 13th floor in buildings. :blink:

 

[airlift]

RSI indicator seems to have been spot on! Sometimes this works and not other times. That's why technical analysis (TA) is not a pure science, but a combination of art, science, sentiment perception, and luck! The time horizon one has is most important. Now we have Britain pulling out of the southern part of IRAQ, but increasing troops in Afghanistan. That increase in support of NATO is very, very, important! Bless us!

Relative Strength Index, hummmm ----- appears to be in a oversold condition to me? Never use this indicator but looking back on the chart I can see what happens when it gets to the top (not quite yet), down she goes.
666.88 Sign Of The Beast!!! Watch out!!!!View attachment 1423

 

[ebbnflow]

I had to make a minor revision for next Tuesday. The stop sign for the C-fund is supposed to be a stop sign for the S-fund. Changed from F-fund to the G-fund.

Bungled the last two days (Thursday and Friday) this past week. Instead of being up +2.76% for the month I dropped down to +1.41%, and all because I had to interject myself into an already solid system (ebbtracker's I-fund w/ cross-checking).

The system using the ebbtracker's I-fund w/ cross-checking is now up +5.42% vs. +5.15% for the regular I-fund since Jan.16 through Feb. 23. Don't forget the system also includes any gain from my stay in safe haven (G/F-fund) which amounts to +.09% from the G-fund and none from the F-fund.

Since I've tracked the F-fund, it's been successful in three out of four days. It's a wash so far, since the one day it lost costed me -.27% which equaled the three gains I had with it.

 

[airlift]

Ebb,
Don't be too embarassed! I have asked you before to calibrate the ebbtracker for maximum effectiveness; and to take over when you need to do so. In my view, You are doing precisely what you have to do, and therefore we can only expect some some unexpected results. Your candid approach is important and commendable. Keep it up!

 

[merlin]

Hello


Ebbnflow, I'm new and trying to learn. How does your system work? What charts do you use?

Merlin

 

[ebbnflow]

I'm currently using the February chart on post#1 of this thread. I'm using a new system I started since January 16. The chart from Jan. 16 to Jan. 31 can be found on post#2. Post#1 can be found here:

http://www.tsptalk.com/mb/showthread.php?t=4010

After this month, I'll go through all the moves from the system using the ebbtracker's I-fund w/ cross-checking. You can find the rules of cross-checking below the first chart. Just disregard the optional part of the rule -- I tried it the last couple of days last week and it failed miserably. It's a system that needed tinkering before, but I think it can stand on its own now. I'd be using it till the end of the year. Best of luck to you, Merlin.

The system using the ebbtracker's I-fund w/ cross-checking had been in stocks (S/I-fund) for 15 days and 13 days on safe haven (G/F-fund) from Jan. 16 to Feb. 23. After tabulating it, I got a total of +5.42% during this time. I don't know if anybody else has tabulated it and got a different number. If you don't come up with the same number, just let me know.

 

[Wheels]

The system using the ebbtracker's I-fund w/ cross-checking is now up +5.42% vs. +5.15% for the regular I-fund since Jan.16 through Feb. 23.

O.K. you are losing me here. And I am really not trying to attack but you are claiming that since Jan 16th you are up 5.42% but the Tally has you at .21% for the year. Were you down over 5% by Jan 16.

 

[FUTURESTRADER]

O.K. you are losing me here. And I am really not trying to attack but you are claiming that since Jan 16th you are up 5.42% but the Tally has you at .21% for the year. Were you down over 5% by Jan 16.

Changing the dates in Rokid's tracker url provides an archive of his tracker. Thanks again Rokid/TSPTalk Ebb's return on 1/12 was -2.2, on 1/19 was -1.97. Thanks for your time and efforts, Ebb and Wheels.

 

[ebbnflow]

First and foremost, I'd like to make it clear that I'm not trying to take away anything from the leaders of the tally and as far as I'm concerned I'm still trying to catch them (the fun part). Wheels, I thought I've explained this to you before on my account talk thread and on this thread. Anyways, think of it as part backtesting and part realization. As you may or may not have known, I've incorporated the C and S-fund into the ebbtracker's tracking of the I-fund. This only began on January 16 with the introduction of the spinning green dollars and red stop signs (cross-checking) which are all accountable in my account talk thread. I only realized there was something to it by tabulating the results from Jan. 16 thru Jan. 25. By this time I was down -1.92% on EWGuy's tracker. This all came about when I didn't follow the stop signs showing on the C and S-fund on Jan. 25 and went ahead with the I-fund and promptly dropped -0.98%.

From that point on I followed the system using the ebbtracker's I-fund w/ cross-checking except for the last two days (Thursday and Friday) of last week when I opted to go with the C and then the S-fund, respectively. I let my emotions dictate my actions (both days were in the red before noon) instead of just following an already solid system. The ebbtracker never cared about our noon cutoff situation since it gave out predictions as far ahead as four days in advance. By the way, I started the ebbchart back on February 1st. So, if you would allow me to backtest from January 16 thru January 25, here are the system's moves from that point onward:

System using ebbtracker's I-fund with cross-checking rules:

a) Two or more stop signs = safe haven (G/F-fund).
b) Two or more dollar signs = stocks (I/S-fund). *Optional: Use S-fund if market (DJI) is red before noon.

*Please disregard this option.