Flojomojo

Ok ppl, my copy arrived today! I'm still in contact with the library though as I'm not sure whether they accidently sent me the 1937 version isntead of the 1931. Anyways from what I have, this is the list of contents: How to proceed 1M Foreword 2M Basic Law 3M Judging the market by its own action 4M Forms of charts 5M Buying and selling waves 6M Chart recors 7M Determining the trend of the market - Composite averages 8M Comparing strength and weakness - Group averages 9M How a campaign is conducted - individual chart studies part I 10M How the operators intentions may be detected - chart studies II 11M Figure charts - chart studies III 12M figure chart studies - chart studies IV 13M Figure charts - NY Times average - chart studies V 14M Market technique - volume studies 15M significance of trend lines 16M Vertical line charts - chart studies VI 17M Vertical line charts - chart studies VII 18M selecting the best stocks - Position sheet - Barometer 19M How to determine the position of an individual stock 20M Buying and selling tests 21M Refinements 22M The wave chart 23M Stop orders 24M General instructions - cautionary suggestions 25M Market philosophy . cautionary suggeststions cont. for those who have the course, is anything missing? Btw...the chats all seem to be in pretty good condition! long live the microfilm!

In the future you will be able to get a copy from me...and its even legal! Here's what Mararet wrote: "The Wyckoff item is in the public domain. If you know of other people who would like to have it, you or they are free to run it through a photocopy machine, which will surely be cheaper than getting it from me." If someone is interested, drop me a msg....have not thought about the price, but it will be somewhere close to the almost nothing range. [Ed: the pdf has now been uploaded to the thread here]

Good that you mention it. I will post an index of whats in the course when I recieve my copy so we can see whats missing. Even if a couple of pages are missing this seems like great value for the money.

Hey everyone, as I believe ppl here are interested in obtaining the original course without paying for the full SMI course I want to tell you how to get your sample: The Librarary of Congress has the 1931 as well as the 1937 typewritten, nonpublished The Richard D. Wyckoff Method of Trading and Investing in Stocks on microfilm and can pull it on paper for you. Pricing for one of them with shipping to Europe is: $ 14.00 set-up fee $100.00 $.25 x 400 pages = $100.00 $ 45.00 shipping ________________________________ $159.00 I am getting my copy via: Ms. Margaret Kieckhefer Mail: mkie@loc.gov Office of Business Enterprises Library of Congress +1 (202) 707-2590 (office phone) +1 (202) 707-1771 (office fax) Hope this is useful information for some of you. Best regards, Flojo

Now to get this straight: Maybe you've interpreted too much into my message. I think I have built my market understanding very well on my own, nevertheless Wyckoffs ideas play an important role. Illumination is something that I leave to ppl that have the need to follow gurus. I on the other hand simply enjoy to possess certain things...and the original course would be a great addition to my book shelf! ...there's nothing more to it...

wow...I'm so excited about the microfilm info! DB, please keep me posted about it or feel free to contact me if I can contribute somehow to organise it! I'd also contribute some cash to make this available to the Wyckoff followers over here. Regrads, Flojo

Thanks for the link. Thought so that it eventually leads to SMI. I think the "original" course by Wyckoff is not publically available and SMI sells a modified version. As far as I know DB has an original and gladly he posts some sections from time to time. Nevertheless I can understand and appreciate that the Wyckoff forum is kept clean. Although this seems to come across a bit harsh sometimes. It has its good sides not to mix the different beliefs on how to read the market, even if these beliefs have its root in the same teachings. I am not in a position to judge whether in the past 80 years the method was "developed" or "altered". Would be nice though to read an unbiased study about the issue someday.

Hi Eiger, could you post, or send me a link, to the Evans material? Sound very interesting...maybe the material should be included in the Wyckoff Resources thread in the Wyckoff forum. Regards, Flojo

Hi Davelansing, I suggest you check out these three threads: Multiple Timeframes Waves and Timeframes Riding the Wyckoff Wave Eventually it boils down to a process like this: On the higher timeframe 1) Determine the current trend 2) Determine in which stage the trend is 3) Determine proper entry timing On the lower timeframe 4) Confirm your macro view 5) Finetune your entry 6) Act

He there, maybe the term "fractal nature" was a bit misleading in my post. The final chart in my post can better be describes as the timeframes being "self similar". Yes, but this does not conclude self similarity of the different timeframes.

I can also recommend the IB datafeed you can get with Excel. With their datafeed you can also get historical data upto one year into the past. If you are looking for backtest data, GainCapital has a tick by tick database available here.

Hey ppl...as there seem to be some controvertial viewpoints here I suggest to open up a new thread to discuss the relevance of the concept of "time" in trading. Best regards, Flojo

Hi Anton, Now that you mention it you are right about the sigmoid, but I'm not sure whether I'd call it a "transfer function" as I'm not directly sure what it should transfer. I know its application only from neural nets, but I don't see a connection here...enlighten me! That's right, I was anticipating a normal distribution. Thats why I have tested with a normal probability plot: The normal probability plot (Chambers 1983) is a graphical technique for assessing whether or not a data set is approximately normally distributed. The data are plotted against a theoretical normal distribution in such a way that the points should form an approximate straight line. Departures from this straight line indicate departures from normality. (found here) But this has nothing to do with a transfer function. A gaussian transfer function still looks like a bell curve, whereas in the normal probability plot it is the straight red line. Come on...you can't just make a statement like this and leave us in the dark by not stating any implications! Regards, Flojo

Thats true. I was hoping for some of the big boys in this forum to comment a bit on my work. But to be honest there already has been research in this field, especially from Fama, a former doctoral student of Mandelbrot. Their work is a lot more detailed than my, in scientific terms "sloppy" analysis. So the study is not that new, but as far as I am aware of, the academic literature does not touch the practical implications for traders. Since this post I have taken the results a lot further with explaining the fat tail problem and implications for risk management. Not sure yet whether I make a post out of it though. Feel free to post your ideas here and I'll see how I can comment on them.