Poolman's Account Talk

Sort by newest Sort by date
P-man, I took you for your word when you said you thought today would be an up day and stayed in 100% S. Stayed 100S tho into next week.

I hope you can continue your analysis this year and your new job doesn't get in the way:). I would pay $10-15/month for your calls.
 
FUTURESTRADER said:
P-man, I took you for your word when you said you thought today would be an up day and stayed in 100% S. Stayed 100S tho into next week.

I hope you can continue your analysis this year and your new job doesn't get in the way:). I would pay $10-15/month for your calls.
Click to expand...


Thanks Futurestrader,

We do have confirmation that we are going up. I have to admit, I didn't think we would be up this amount today. Monday will be the day that we really find out the health of the stock market.

Volume should be substantially higher. The Big Boy's will be back. I will do my homework over the weekend and hopefully have something to say.

You did good by staying in. It was a very nice pop today. I will play at any level if I feel it is the right time.

:D
 
With regard to the "in the moneystocks.com" video, he talked of upcoming "turn dates". I assumed that information to be proprietary until he also talked about going to the paid site to see the exact recommendations on what to buy or sell. He used to advise of his "turn dates" openly. (He also said the recent runup may have the effect of holding down an increase this week, if one were to occur due to positive news.)

Is there any chance that his thoughts on the general timeframe for a "turn" is not proprietary and can be mentioned here?

Also, the CSPANJUNKIE.org title for its video above, "Israel's Actions Will Turn Palestinians Into Extremist" was rather strange. I thought they were.
 
http://www.quotetracker.com/

medved Quotetracker for Pivot Points and alot of other charting indicators. Primarily for realtime streaming quotes from your broker, but it may work with prophet.net delayed streaming or other service that only requires free registration to recieve delayed streaming quotes.

since it's tuff to see...for the attached SPY, the pivot point for this month was/is 88.18. For SPX it is 879.26
Pivot points can be adjusted to multiple parameters just like most other indicators. I am using the default parameters which are based on the previous month's intraday highs, lows and averages, I think:)

An 'alternative investments' broker I used to trade futures, options, and commodoties with based most of his trades on pivot points. Note: He recently lost -54% in october 08, and -34% in nov 08.

How to Calculate Pivot Points
There are several different methods for calculating pivot points, the most common of which is the five-point system. This system uses the previous day's high, low and close, along with two support levels and two resistance levels (totaling five price points) to derive a pivot point. The equations are as follows:
R2 = P + (H - L) = P + (R1 - S1)
R1 = (P x 2) - L
P = (H + L + C) / 3
S1 = (P x 2) - H
S2 = P - (H - L) = P - (R1 - S1)
Here, "S" represents the support levels, "R" the resistance levels and "P" the pivot point. High, low and close are represented by the "H", "L" and "C" respectively. Note that the high, low and close in 24-hour markets (such as forex) are often calculated using New York closing time (4pm EST) on a 24-hour cycle. Limited markets (such as the NYSE) simply use the high, low and close from the day's standard trading hours.
 
Last edited:
Poolman, I really appreciate your utube link posts. Epstein etc are great. My only regret only being able to view them a couple times a week, at the library, as I'm unfortunately still on dial up, at home.
 
I don't know if you all are experiencing the site has been slow on updates lately.

Everything else I look at seems normal.

I wish we had more IFT'S. I am tempted to go 50S and 50F. Darnit...
 
RonUSPSretired said:
Why F, isn't that bubble close to bursting?
Click to expand...

The Bubble has been bursting. Market's could go either way from here.

Either a Breakout or Breakdown.

Lot's of Stimulus talk is getting ready to come out this week. Also allot of Economic news.

I have a feeling that market's want to Breakout.

Inverse relationship between Bonds and Equities could be in play. Although that does not always work but usually does.

I'm going to stay G

I'm hoping for a breakdown.
 
I'm with you on that one Poolman, but sometimes I wait too long, or jump in too early, or jump out too soon.:sick:
 
nnuut said:
I'm with you on that one Poolman, but sometimes I wait too long, or jump in too early, or jump out too soon.:sick:
Click to expand...


We will see. The only problem I have with getting into equities right now is that we are at the top of the Bolinger Bands. We got outside the Bolinger band on Friday. We are just coming back into it.

I am very frustrated that the government is intervening the way it is. It is not letting the market's work the way they need to. It is putting me at a loss on what to do. :(

You never know what kind of news they will throw at us. This is like Russian Roulette.

http://bigcharts.marketwatch.com/ad...le=320&startdate=&enddate=&size=3&lf2=0&lf3=0
 
You must log in or register to reply here.

Similar threads

UNIX84
UNIX84 Account Talk
Replies
14
Views
3K
tsptalk
tsptalk
tsptalk
  • Article Article
TSP Talk - Now what?
Replies
2
Views
258
Cactus
Cactus
tsptalk
  • Article Article
TSP Talk - The first few days may be a tell for 2025
Replies
0
Views
203
tsptalk
tsptalk
tsptalk
  • Article Article
TSP Talk - Fed cuts 50 basis points
Replies
0
Views
2K
tsptalk
tsptalk
tsptalk
  • Article Article
TSP Talk - FOMC Day
Replies
0
Views
2K
tsptalk
tsptalk
Back
Top