Fastpaw |
Member, TeleChart
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Saturday, November 29, 2008 |
Sunday, November 30, 2008 2:55:04 PM |
6 [0.00% of all post / 0.00 posts per day] |
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I would like to share a rare find that proves that there are stocks that just do not follow along with the indexes. "Yes I know that the indexes are just an average of the stocks within them".
I created a scan (after filtering for volume, price and institutional support) that would show me on a Monthly chart when the 3month moving average crossed over the 6 month moving average two months ago.
I had a handful of charts but as I was scrolling through them on the weekly view I came across QCOR.
Some consider RSI 14 to be a leading indicator so I plotted it on the chart and it was sporting quit the woody
Anyway if any care to comment on this one I think that even in these tough markets the bulls can still find fodder.
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No I mean no more harm to you BigBlock. You were right about VSA it is meaningless but I do not regret the time I spent tinkering with it. You see that is what I do I tinker and I enjoy doing so. I learn from such tinkering.
Maybe I am not on the level of Diceman and Awshucks yet but who is? One must work his way to where he is at and time is not against me. I am enjoying the journey, I only hope that Awshucks will stick around and continue to share. You see BigBlock you would still have your name if only you were also on the same level as Diceman and Awshucks. They do not make enemies (you think that I am the only enemy you have or ever had on this forum)? Now who is not in touch with reality?
We all knew of the toping action in the markets without your forecast and we were discussing it. You hold no magic secrets that the rest of us are blind too.
As far as the Bear Markets I am glad that you have figured out the path to riches, I have not. I was day trading it for a while but since September of 2008 I lost my touch and I am now pretty much sitting on the sidelines. I had some luck with the ultra short ETF's for a while but I will no longer risk my capital during this free-fall. You see contrary to your belief I did not lose my shirt and I know when to trade and when not to. I do not know enough about shorting the Market or options to benefit from this action. With the wealth that I have accumulated using my own techniques I am not sure that I ever will take on these methods (there is no need for me to trade out of my element)
Any way I hope that you will learn from your friend Awshucks (since you have this Manley bond between you) You might also want to take some English classes. If we are smart we will stop fighting so that maybe one day we will both get our true names back.
Good luck...
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This is true; it is when he spits at others who also hold true to their beliefs that you have problems. You seem to be able to discuss without provocation because you have a grasp of the English language. You do not currently have a fan base of haters that gather on other forums.
I actually agree 100% with you. In order to succeed one must be passionate; if they wish to discuss their passion on an open forum then it might help to not berate those that you wish to convince.
Any way you are correct about the parallels between 1929 and now on some levels. It was a distorted view of prosperity, bad lending and banking practices that led to both situations.
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I grow to like you Awshucks, BB and Apsll could have benefited from yours and Dicemans "discourse". Diceman with his ever controlled disposition and yourself with your direct interrogation for reality. Neither side feeling the need to discredit the other. Why you have formed such a tight weld with BB escapes me, but I am sure that you have your reasons.
Try and teach him how to debate with out embarrassing himself.
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Well Awshucks you just proved one thing; that you are not BB. He will need an interpreter to make out half of what you are saying, and it was him that launched attacks against Diceman and not you. So you have my apology.
You are also correct that this is not the venue for such an artisan, one should not be stifled in their discourse; maybe tact is more what I had in mind although this still might cut across your grain, it might create balance so that more members might want to join in on the discussion. I do not disagree; of course if you feel that our way of life is threatened and that too many turn away or capitulate than speak up. I guess that my issues are more with "BB" or whoever he is today. I use the word tact again and although you are not bound by its curtsies some like to take advantage of its benefit, they feel that it helps to lubricate the complicated moving parts of communication. You have made it very clear however that this tool is not to be used on your artistic canvas so lets just leave it at that.
You are right we live in a free nation were common curtsies are not enforced.
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Awshucks and achuiles"bb" you guys are a riot "although I am not sure that you are truly separate entities. Maybe you should get a room and figure that one out. It is so easy to watch all these biased utube vids and pandering pundants and feel that you have the right stuff to play armchair quarterback. We all know that the government screwed us over and they had the perfect idiot in the white house that made everything so easy. So many dogs being waged that corporate America could finally get their payday.
We were all told that we learned our lessons from the 1929 market crash. Well at least we did not make those mistakes again; we just made a whole bunch of new ones.
If you read Diceman November 21 post he makes good sense there about the technicals "they work until they don't work" well it is the same thing with the economy. I am getting sick of reading your biased opinions as though you have the pulse of the world under your index finger and all those that oppose your thoughts had better go back to school. You are like the schoolyard bullies that think you are untouchable until someone like Diceman comes around to put you in your place, it is clear by your personal attacks that have gone un-answered by him. (A true person of integrity).
You guys are just like everyone else, you have no clue where the markets are going, you have no clue how long it will take to clean up this mess that the current administration has allowed to take place on their watch.
I am sure that in predictable form you will both follow up with attacks against my words but keep in mind that this is not a schoolyard.
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