Saturday, April 27, 2013

Edge

No: public site, free advice, popular site even its premium service, popular TA lines/signals, old textbook.
Yes: proprietary info, statistics, confluence of several signal from "No edge" categaory.

Sunday, April 21, 2013

Perry Kaufman's new book 5th edition

Loose pants fit everyone even if they don't look good.

The most robust systems are the ones that work in the most markets over the longest time period with the same rules and parameters.

Sunday, April 14, 2013

<<Invest to Win>> Vola and safety-seeking indicator, $UTIL

http://gainsmaster.com/read-the-market-mood/

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Reading the market mood is quite simple once you get used to the charts. The two important conditions you must observe are as follows:

1) The comparison between the S&P 500 index and the Dow Jones Utility Stock index.

For this condition you are trying to answer this question: which group of stocks to investors appear to prefer more right now, utility stocks or regular stocks? You must compare the difference between these two indexes over the last two months on a chart that shows a year of data or more. The two possibilities are that either utility stocks are doing better or that the S&P 500 is doing better.

2) The general trend of market volatility.

This condition tracks whether market prices are changing with a greater degree of fluctuation. To determine this you will track the Average True Range (ATR). You must observe the general slope of the ATR and try to determine its trend over the most recent two months. The two possibilities are that the ATR is rising or falling.

Once you have identified these two conditions, then you can use the combination of them to tell you whether the market is giving a GO or a STOP sign.

GoSignGO sign (price has crossed above the 12-month moving average)

Condition 1: The S&P 500 index is outperforming the Dow Jones Utilities Index over the past two months

Condition 2: The ATR is falling over the last two months.

StopSignSTOP sign (price has crossed below the 12-month moving average)

Condition 1: The Dow Jones Utilities index is outperforming the S&P 500 Index over the past two months

Condition 2: The ATR is rising over the last two months.

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SC hacks

{"longUrl": "http://stockcharts.com/h-sc/ui?s=SPY&p=5&b=2&g=1&id=p18273350545", "shortUrl": "http://scharts.co/104881U", "symbol": "SPY"}
http://stockcharts.com/h-sc/ui?s=SPY&p=5&b=2&g=1&id=t18273350545&r=1364502335301&cmd=getlinkableversion
 

Thursday, April 11, 2013

SPY May Option pinning at 155

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2(4)WT = 2(4) weeks tripple

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2WT, NYSE listed, low price, optionable, swing to mean (ema21).  OTM options $2 to $6 in 4 weeks

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Wednesday, April 10, 2013

OTM butterfly vs directional double calendar spread

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A list of boring stocks

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JNJ, not JUJ

Boring Income Class, 7 step process

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Need boring stocks IBM,JNJ,MMM,FLS

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30 (or 35) days out, take out 10~12 days later

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let the MM work for 10 minutes.  Or raise 3 cents

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Vola skew<=2%,  rule of thumb.

7 Step Process

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