Oil at $139? DOW down 300 Points? Screw That! Today Was A BUY!
My market timing model was in full swing today and it flashed a BUY. Today was a lot of carnage and I suspect that we could go even lower from here. I hope everyone has their stops in place, :).
Normally I wouldn’t move any money in the market until the low at 1276 on the S&P500 is taken out. Still, the market timing model is a nice short term trading model too.
If you went long when the model issued a BUY signal and then closed the position and simultaneously went short with the SELL signal flashed, you’d be sitting on some decent short term gains as my little chart shows. The danger in doing this is that the model was designed to issue BUY/SELL signals for a longer time frame and you could easily get a BUY signal and end up with negative returns in the short term.
June 7th, 2008 at 1:14 pm
hi tom
your model looks like it picks up the move but runs into some hefty drawdowns
i was wondering if you could incorporate a short term exit/possition close that would keep/let the profits run, but still safeguard against big drawdowns.Maybe a 4hour to 1 day chart for closing possitions with profit.AND better yet eliminate BIG drawdowns.
I was thinking something like maybe a 1ema/price line and 20 ema interaction on 1day charts.Something like that would really help out alot.Especially on the drawdown problem. It could almost eliminate them completely. JUST A THOUGHT
June 7th, 2008 at 2:09 pm
just one more thing (FINDING A GOOD FIT)
maybe this so called stop loss should be more synchronized
if entry is on weekly then maybe exit/possition close 1ema 20ema should be 1-3 day charts
if enty is on dayly then exit/possition close could be on 3-6 hourly.
THE DRAWDOWNS COULD DEMINISH CONSIDERABLY!
June 7th, 2008 at 3:19 pm
dc: You are right, this system is not for the weak. THere are considerable drawdowns that you have to wait it out. I’ll take into consideration your idea for a 1 and 20 day EMA, it might just be the trick to make this timing model more short term oriented. Then I can play the SPY’s.
June 7th, 2008 at 9:15 pm
hi tom
i’m glad you can see the potential.
i hope you have that overlaid stochastic working well on your individual stock trades.
NOW FOR SOME OFF TOPIC INFO MOST PEOPLE ARE NOT AWARE OF TO DO WITH PHYSICS
i beleive that string theory is a very powerful explanation of how our bodies/everything is held together on the molecular level. i have this idea that things are not as bleek as they seem and science can solve alot of our problems,( if it’s allow to) and if one uses it for the benefit of mankind instead of destroying mankind. CHECK OUT “SECRET SCIENCE” ON YOUTUBE
(I GUESS 25 YEARS AGO IT PROBABLY WAS TOP SECRET)
The only way to describe this science is that you use waves of various frequency to manipulate cell structure, there are other video’s that are on this topic there
P.S. WITH THIS KNOWLEDGE (STRING THEORY,WAVE FREQUENCY) YOU WILL NEVER LOOK AT THIS WORLD THE SAME WAY AGAIN. I JUST HOPE THE POWER BROKERS WOULD BE KIND ENOUGH TO AT LEAST PIECE MEAL SOME OF IT TO US A LITTLE AT A TIME(like computer advances) SO THAT WE CAN GET ON OUR WAY TO BETTER HEALTHIER LIVES.(just some wishful thinking in the name of humanity on my part)
June 7th, 2008 at 11:20 pm
some more info on wave frequency
on the free energy side>CHECK OUT “SALTWATER INTO FUEL” ON YOUTUBE
HYDROGEN ENERGY FROM WATER(it’s raining free energy allover the world)
free energy systems now available>CHECK OUT “WATER FUEL” ON YOUTUBE
ALSO CHECK OUT “HOW TO CONVERT WATER INTO ENERGY” ON YOUTUBE
knowledge is a wonderful thing especially if it can prevent future wars.Our oil based ecconomy is an unsustainable model that will only enslave us and probably start future wars with countries that are looking forward to having what we have as far as modern conveniances and to grow ecconomically to our level.The only sollution is the “THE NEW ECCONOMY”.The old oil based ecconomy will not cease to exist it will just be put into the background a little.Oil will never be elliminated because it’s the bases of everything that’s synthetic like plastics, rubber,fertilizer, pesticides medecines roughly over 200+ products made in industry today.RECYCLING SYNTHETICS(plastics etc) COULD BE THE NEXT BOOMING INDUSTRY OF THE FUTURE
Right now the U.S. consumes 20% of the oil available daily today with only 300 million people.China has 1.4 billion people.India has 1 billion people and growing(they don’t have the 1 child polocy that china has)and if they decided to live at the same level(and who says that they shouldn’t without getting them upset) that we are enjoying here in the U.S.You can imagine the possible friction between countries in the future over oil.Why, because it’s an oil based ecconomy that why. It doesn’t make any difference if we can scale up the production or not. It’s just an outdated polluteing industry that’s starting to cause problems now and only god knows what others in the future.IT’S TIME FOR “THE NEW ECCONOMY” NOW .PERIOD!
P.S. I HOPE THE POWER BROKERS ARE MORE IN TUNE WITH “THE NEW ECCONOMY” IDEA RATHER THEN THE ELIMINATING 2/3 OF WORLD POPUALTION “GENECIDAL IDEA”JUST SO THAT THEY CAN KEEP THEIR OIL BASED ECCONOMY GOING.
SOLVING THIS DILEMA IS AS SIMPLE AS SWITCHING THE OIL COMPANIES
FROM THINKING OF THEMSELVES AS ENERGY SUPLIERS TO SYNTHETIC RAW MATERIAL SUPLIERS AND MANKIND CAN BREATH A HEALTHIER SIGH OF RELIEF. (something maybe the bilderberg group can consider at it’s meeting tommorow 6/7/08) remember new ecconomy means big money to be made.
“BIG MONEY FOR EVERYONE NOT DEPOPULATION ” yeah baby.let’s get started
June 8th, 2008 at 5:33 pm
What’s behind the rapid rise in oil and gas prices?
If you were to ask me it’s manipulation.Nothing can make oil go up $9.00 in one day except manipulation.THIS IS WORSE THEN FOREX which we know is an unregulated
market.Now it looks like comodeties are being manipulated by the big banks.
The only way to look at the $9.00 rise is someone got caught in a long possition the day before and was going to get a margin call so the others came to the rescue and drove up the price so he could get his stupid azz out of it(his long possition).”IT COULD”NT BE ANYTHING ELSE IN MY OPINION”
HERE’S A LITTLE MP3 ON OIL TRADING/OIL MANIPULATING
http://www.liveleak.com/view?i=816_1212855515
I KNOW I’VE BEEN TAKING SOME SHOTS AT THE OIL INDUSTRY AND THOSE BENT ON USING IT AS MEANS TO CONTROL THE WORLD BY CONTROLING IT’S ENERGY SUPPLY.I DON’T KNOW WHO WOULD’NT IF THEY KNEW THAT 60%-70% OF THE PRICE ON A GALLON OF GASOLINE IS A TAX THAT GOES TO THESE PEOPLE, (IMF,WORLD BANK) AND THEIR WALL STREET BANKER CROOKS THAT JUST MANIPULATE TO THEIR HEARTS CONTENT.NOW THROW IN THE CONCEPT OF DEPOPULATION AND THE ONLY THING LEFT TO DO IS TO TEAR INTO THEM AND THEIR OUT OF TOUCH, HEARTLESS, LOFTY SELVES.(i’m sorry i have no other recourse but to disapprove of their actions/manipulation for world control)
CHECK OUT YOUTUBE VIDEO ABOUT OIL AND WORLD CONTROL >”LINSEY WILLIAMS-THE ENERGY NON-CRISES” PARTS 1OF 8 THRU 8OF 8
P.S.>REMEMBER IF YOU BECOME SOMEONE THAT CONTROLS THE WORLD YOU WILL BE HELD RESPONSIBLE FOR WHATEVER HAPPENS IN IT.(not just by your peers but by god also)