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Reaver

Market Wizard
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Everything posted by Reaver

  1. Hmmm very interesting Walter.
  2. heh heh cracked me up when I read it yesterday myself. lol
  3. I think you'll like it Darth. It's a good read and quite entertaining.
  4. My favorite by far. Too bad they recently got a new singer and are still trying to tour as AIC. BS! It's not AIC without Layne Staley the singer!
  5. Trading Day by Day by Chick Goslin......Winner Take All by William Gallacher, The Professional Commodity Trader by Stan Kroll.....
  6. Hmm I looked at a daily chart and in September there were two distributions ....the drop on Thursday just so happened to be testing the top of the previous, most recent distribution in September...FWIW.
  7. I am messing around with Ensign again, and have to say I really appreciate the effort they put into being proactive with upgrades and being responsive requests from customers...In all fairness IRT does the same.
  8. Nick, Thanks for the response. Pardon my terminology, as it's not the most accurate description (I mentioned that fact earlier) regarding the mma.... The purpose of any market is to facilitate trade, not to trend...trend is the search for new value once it breaks out from a previous agreement....basically what I see in the dip of the mma, or perhaps the better word for it is convergence....is that the short time frame participants are agreeing on the current price...ie price is ranging, or bracketing.....Basically when you are in a ranging (balancing, bracketing it's all the same thing) market, time frame participants are agreeing on the price relative to their viewpoint, if that makes sense. Usually (at least from my experience) if you look at a profile of the market at the same area you see a convergence of the mmas you will see a balance area.... Another important thing to remember is that I do not use this chart set up to make my trade selection...this chart set up merely allows what I see in my data to be visualized easier....I use 5,10,and 20 day profiles among many other things in not displayed on the charts in my research....therefore reading my charts directly vs what I say may end up being a little different as far as direct comparison... There are many reference points to study such as relative volume, volatility, trade facilitation, longer term profiles, etc lots of stuff..... I hope I cleared it up a little. If I didn't or if you have other questions feel free to ask....I am using my charts for this log mainly to help illustrate the data interpretation I am posting to make trades on if that makes sense.
  9. Well to be honest over the past we have had a few bad apples come through the forums here and there...it may just be sour grapes. heh heh I got voted on my "member ranking" in my profile down to a 3 star...but actually when I think about it..heh heh that is probably pretty accurate. lol
  10. Thanks for that info...I am gonna look into that.
  11. That's gonna be some fun catching up. lol
  12. Hmmm good question....no degrees are necessary for self directed traidng though....just the way I like it. LOL
  13. I like CEF's trading at a discount to NAV....
  14. Check out Schwager's book and see if it's for you...
  15. LOL yeah thanks Tim! naah just kidding couldn't resist, thanks for the info man.
  16. Hmmm good question....Mark Fisher, as in the ACD guy? Any comments from anyone in the know?
  17. Neiderhoffer for instance...AGAIN.
  18. Apparently there were quite a few major blowups after this so called credit crunch...
  19. By the way don't pay any attention to whatever clown said you suck. Jealousy is a beeeotch. Thanks for your contributions here chimp.
  20. As one of my instructors used to say "embrace the suck".
  21. hey hey, don't forget to drop by the Introduce yourself forum for a more formal welcome. Did everyone here all of a sudden become couch potatoes or something? No more answers? LOL My wife likes to go for walks in the morning, so I throw on my 50lbs vmax vest and hauling that around every morning...good times.
  22. I am going to have to look into that. My wife got this CD from Hooverphonic.....Blue wonder powder or something like that...pretty wild stuff. Good stuff though.
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