Yes indeed. Single factor models are not that useful. Same with indicators/patterns in TA.Originally Posted by Sirtitan
|
|
Closed Thread
Results 3,901 to 3,930 of 9034
-
03-06-2014, 11:34 AM #3901
-
03-06-2014, 11:36 AM #3902Goldfinger
- Join Date: Jun 2007
- Location: United States
- Age: 43
- Posts: 2,666
- Rep Power: 5582
There's so much more (i.e. Puetz crash windows) ... Basically those worshipping Puetz are calling for some crazy panic in 2015 b/c of certain rules governed by time between total solar and total lunar eclipses. They think commodities will go uber parabolic in very short order.Originally Posted by Sirtitan
We shall see. I just map out all scenarios and bet accordingly. I said it for quite some time gold will top between 2016-2020. I will be in the nut house in 2020 if it doesnt happen. (Im reminded of some german technician in some old wall street book whose charts said bullish and the mkt went against him for quite some time and ended up in the hospital. While he was recuperating, he took a peak at the mkt and saw that in short order the targets from his charts were met and he got sicker)"At the cost of being repetitive, I have to once again state my amazement at the aspect of human nature that allows us to mix the most rigorous skepticism and the most acute gullibility"
"As drowned worshippers do not write histories of their experiences (it is better to be alive for that), so it is with the losers in history, whether people or ideas"
"Secular bull markets are designed to take the least amount of people along for the ride as possible, call it universal law."
-
03-06-2014, 12:29 PM #3903Registered User
- Join Date: Jun 2012
- Posts: 297
- Rep Power: 299
What do you guys think of TMV? Thinking about throwing some cash in there and just holding for a couple of years.
-
03-06-2014, 12:30 PM #3904Pro Fitness Model
- Join Date: Dec 2008
- Location: ON, Canada
- Posts: 9,289
- Rep Power: 356899
Num - you loving AC brah?
My $0.02 is worth $0.03
-
-
03-06-2014, 01:08 PM #3905cake baker
- Join Date: Feb 2011
- Age: 32
- Posts: 1,622
- Rep Power: 374
SRS question:
Are you guys actually talking about using the sun ( big ball of fire in the sky) and lunar eclipses in your models?
-
03-06-2014, 01:15 PM #3906Registered User
- Join Date: Dec 2012
- Posts: 2,887
- Rep Power: 188
In regards to #1, admittedly he does have to go into the office at 6 am so it's not quite as cherry as it sounds. And he's just barely above six figures, somewhere around 105k and I believe this includes any bonuses although I didn't ask. As far as the guy getting fired, that's a story from about 3 years ago, but from what he told me, the analysts pick the stocks, the traders decide what position size and enter the trade. Guy entered the wrong trade, it lost money, he lost his job. Admittedly, when we all get together it can be a bit of a dick measuring contest over our careers and women, so perhaps he fluffed it up a bit, so to speak.Originally Posted by Tekkendo
1. Your friend must work at some poverty shop or stuck in 1980's, or just fuking feeding you bs. Or you are just bs'ing us.
2. Institutional investors' alpha = chicken feed. They are too fuking big, too bureaucratic, too political to be flexible. The lethal combination of (Bean counters + paperpushers + professional bootlickers) =/= superior achievement. And no, they don't have hundreds of outside managers. Not possible to manage that many. They would die of confusion.
3. Lots of retail guys trade mutual funds using TA with great success.
4. Stay with your core competency, ie economic analysis. Diversification can be a bad thing.
In regards to #2, the alpha is often small, but it still can exist, was pointing out that it is possible. But yes, your point about most institutional funds being locked into a situation where they basically track the market and then charge you a large fee to do so is correct. Also, pulled out a performance summary from an annual board meeting I had to attend last year for a group that would fall under the whole pension/endowment category that follows something similar to the "Yale Model" and they had somewhere around 100 managers and another 100 or so for alternative assets. You have to remember that these groups are investing with managers in real estate, absolute return, fixed income, domestic equity, international equity (emerging and developed) alternative assets, and have a cash component as well. And then on top of this for their equity classes they have different market caps with different orientations (value vs. Growth) and for fixed income different durations and different categories such as distressed. Perhaps this group is an anomaly, but I don't think they're too far off the beaten path in their strategy. Although perhaps the "Yale Model" isn't really appropriate as most of these endowments etc. have moved larger portions into fixed income than the Yale Model originally prescribed, I believe we're seeing a marginal reduction in private equity exposure as well. As far as determining managers and allocations, I believe this particular group had a CIO and then several people underneath him that specifically managed one part of the portfolio and picked managers, so for example they'd have a guy that specialized in picking domestic equity funds and another that specialized in domestic fixed income, etc.
#3, absolutely, but he needs capital to start, and working as an actual trader isn't a bad way to accumulate it if you get in with the right firm.
#4, I suppose diversification doesn't apply just to investing, lol. Point taken.
Aww shucks, thanks.Originally Posted by Tekkendo
Last edited by arem20; 03-06-2014 at 01:22 PM.
*True Detective Crew*
*JUICY J Twerk Scholarship Troll Crew*
"The accumulation and the repayment of debt basically drives every economic cycle that there is."
-PTJ
-
03-06-2014, 01:17 PM #3907Registered User
- Join Date: Jul 2010
- Posts: 9,151
- Rep Power: 51355
yesOriginally Posted by cake123
dem solar gainz"I bet your parents taught you that you mean something, that you're here for a reason. My parents taught me a different lesson, dying in the gutter for no reason at all... They taught me the world only makes sense if you force it to."
-
03-06-2014, 01:33 PM #3908Solar activities affect our weather, which has huge impact on our economic activities. It is not all hocus pocus.Originally Posted by cake123
-
-
03-06-2014, 01:41 PM #3909Registered User
- Join Date: Jul 2010
- Posts: 9,151
- Rep Power: 51355
Originally Posted by Tekkendo
I remember hearing some thing about some study on lunar cycles affecting human behavior, never looked into it though."I bet your parents taught you that you mean something, that you're here for a reason. My parents taught me a different lesson, dying in the gutter for no reason at all... They taught me the world only makes sense if you force it to."
-
03-06-2014, 01:45 PM #3910Registered User
- Join Date: Feb 2009
- Posts: 5,812
- Rep Power: 9052
F, how do you manage to keep up with both school and trading?
-
03-06-2014, 01:46 PM #3911Pro Fitness Model
- Join Date: Dec 2008
- Location: ON, Canada
- Posts: 9,289
- Rep Power: 356899
That's why the prices are "seasonally" adjusted ...Originally Posted by Tekkendo
My $0.02 is worth $0.03
-
03-06-2014, 01:49 PM #3912Registered User
- Join Date: Jul 2010
- Posts: 9,151
- Rep Power: 51355
Originally Posted by thetrebel
just wait lol
wizard
"I bet your parents taught you that you mean something, that you're here for a reason. My parents taught me a different lesson, dying in the gutter for no reason at all... They taught me the world only makes sense if you force it to."
-
-
03-06-2014, 01:51 PM #3913Registered User
- Join Date: Dec 2008
- Age: 35
- Posts: 9,127
- Rep Power: 18760
One up on Wall Street by Lynch is a great read.Originally Posted by VBogdanovic
Best raw lifts: 670/480/675 | http://www.youtube.com/user/invain622002 | IG: NsattPL
-
03-06-2014, 01:56 PM #3914Registered User
- Join Date: Jul 2010
- Posts: 9,151
- Rep Power: 51355
I work full time and go to school full time as wellOriginally Posted by Glutamine1
Just grind it out in front of the screen a few hours a day. Stopped day trading because I was to much. Just swing now.
read a chitload on trading
plus in mexican so my work ethic is unparalleled srs
stock port is up 5% hehe dvax to da moon"I bet your parents taught you that you mean something, that you're here for a reason. My parents taught me a different lesson, dying in the gutter for no reason at all... They taught me the world only makes sense if you force it to."
-
03-06-2014, 01:58 PM #3915Registered User
- Join Date: Feb 2009
- Posts: 5,812
- Rep Power: 9052
bertstare.jpgOriginally Posted by thetrebel
I work full time and go to school full time as well
Just grind it out in front of the screen a few hours a day. Stopped day trading because I was to much. Just swing now.
read a chitload on trading
plus in mexican so my work ethic is unparalleled srs
stock port is up 5% hehe dvax to da moon
name sounds italian...wouldn't have guessed. good ****.
-
03-06-2014, 02:06 PM #3916Registered User
- Join Date: Jul 2010
- Posts: 9,151
- Rep Power: 51355
charts looks gross afOriginally Posted by MetroBrah
hehe ty menOriginally Posted by Glutamine1
Yeah I get that a lot. Hows med school?
e/u weekly look like resistance might get taken out here. Got some room to run until next major level of supply
cable looks weird idk whats going on here. Got some resistance, and macd is turning down. Will wait it out.
"I bet your parents taught you that you mean something, that you're here for a reason. My parents taught me a different lesson, dying in the gutter for no reason at all... They taught me the world only makes sense if you force it to."
-
-
03-06-2014, 05:30 PM #3917Registered User
- Join Date: Jul 2008
- Location: Connecticut, United States
- Age: 34
- Posts: 472
- Rep Power: 7964
uranium/pm investors, thoughts on thorium? good long play with new experiments going on in Norway? seems like the potential future of energy...
We think we know, that is our tragedy; so we never discover.
-
03-06-2014, 07:17 PM #3918cake baker
- Join Date: Feb 2011
- Age: 32
- Posts: 1,622
- Rep Power: 374
MehOriginally Posted by -MSR9889-
-
03-06-2014, 07:56 PM #3919Registered User
- Join Date: Aug 2009
- Location: B.C., Canada
- Age: 33
- Posts: 18,887
- Rep Power: 31035
Kind of hating myself. I would have been up 1300 today from ac but i sold it all off at 6. I like the uranium play a lot more. Im still up 700 though on uranium at least. Lol i cant catch a break. I dont get why it jumped today based off of a deal between airbus air Canada and canada post whwn the deal was already announced like 1.5 months ago... stock markets of nonsensical peace. SrsOriginally Posted by Barn01
Num - you loving AC brah?Think you of the fact that a deaf person cannot hear. Then what deafness may we not all possess? ~ Dune
We need a new ideology with the core values of reason, honesty, science and secular progress over the older traditions of religion, superstition and dogmatic faith that have long defined humanity. We will never be free to progress and advance until the last stone from the last church is cast down onto the last priest. And every equivalent.
-
03-06-2014, 08:08 PM #3920Registered User
- Join Date: Jul 2010
- Posts: 9,151
- Rep Power: 51355
Originally Posted by thetrebel
@Num3
I know you aint bout that TA life but funny how this happens over and over again in the markets
price hit the long term ema's and held srsOriginally Posted by Num3n
blame it on the algos
"I bet your parents taught you that you mean something, that you're here for a reason. My parents taught me a different lesson, dying in the gutter for no reason at all... They taught me the world only makes sense if you force it to."
-
-
03-06-2014, 08:19 PM #3921Registered User
- Join Date: Dec 2012
- Posts: 2,887
- Rep Power: 188
Chinese defaults have begun. Might get interesting.
*True Detective Crew*
*JUICY J Twerk Scholarship Troll Crew*
"The accumulation and the repayment of debt basically drives every economic cycle that there is."
-PTJ
-
03-06-2014, 08:30 PM #3922Registered User
- Join Date: Aug 2009
- Location: B.C., Canada
- Age: 33
- Posts: 18,887
- Rep Power: 31035
what does this mean for the stock market? laymen terms please. inb4 10k wordsOriginally Posted by arem20
strong wizardry that i don't understand. can you explain that to me? And ya live and learn, yet again. I need to learn patience and to follow through with my ideas and have more conviction in them when i feel certain.Originally Posted by thetrebel
price hit the long term ema's and held srs
blame it on the algosThink you of the fact that a deaf person cannot hear. Then what deafness may we not all possess? ~ Dune
We need a new ideology with the core values of reason, honesty, science and secular progress over the older traditions of religion, superstition and dogmatic faith that have long defined humanity. We will never be free to progress and advance until the last stone from the last church is cast down onto the last priest. And every equivalent.
-
03-07-2014, 01:42 AM #3923Registered User
- Join Date: Aug 2009
- Location: B.C., Canada
- Age: 33
- Posts: 18,887
- Rep Power: 31035
http://www.fool.com/investing/genera...al-upside.aspx
fuuuuuark air canada.......man i suck at investing lol
'Air Canada: 100% Potential Upside'
oh well. sticking to my guns on uranium. especially fission uranium. hnnnnng potentially one massive uranium zone extremely close to the surface. 100% hit rate for each drilling as well.
http://www.marketwatch.com/story/fis...k=MW_news_stmp
'KELOWNA, BRITISH COLUMBIA, Mar 07, 2014 (Marketwired via COMTEX) -- FISSION URANIUM CORP. CA:FCU -0.69% (otcqx:FCUUF)(frankfurt:2FU) ("Fission" or "the Company") is pleased to announce results from the latest four holes of the winter program at its PLS property in Saskatchewan's Athabasca Basin, Canada. All four holes returned strong, wide intervals of mineralization. Of particular note is hole PLS14-160 (line 540E) which intersected 16.18m Total Composite "Off-Scale" in 85.5m Total Composite Mineralization. The winter program's 100% mineralization hit rate continues. '
*edit- also HNNNNNNNNNNNG paladin energy up another 6% HNNNNNG. jesus i need more money to invest with.
China Nuclear Power Companies Gear Up for IPOs (Paladin Ref)
Securing enough uranium to feed its reactors is a challenge. China spent US$1.5 billion buying overseas uranium mines in the past two years, according to data provider Dealogic. In January, China National Nuclear agreed to buy a 25% stake in the Langer Heinrich mine in Namibia from Australian uranium producer Paladin Energy Ltd. PDN.AU +6.14% for US$190 million.
"We expect demand for uranium to rise over the next four to five years as new reactors from countries including China will start operating," said an official from a unit of China National Nuclear Corp. "The current market price of uranium products is still at a low level. We will continue to look for opportunities and invest in overseas uranium resources," the official said.
http://online.wsj.com/news/articles/...702744700.html
Read more at http://www.stockhouse.com/companies/...f3e1Bwrx0BC.99Last edited by Num3n; 03-07-2014 at 02:15 AM.
Think you of the fact that a deaf person cannot hear. Then what deafness may we not all possess? ~ Dune
We need a new ideology with the core values of reason, honesty, science and secular progress over the older traditions of religion, superstition and dogmatic faith that have long defined humanity. We will never be free to progress and advance until the last stone from the last church is cast down onto the last priest. And every equivalent.
-
03-07-2014, 03:25 AM #3924Good spotOriginally Posted by arem20
I'm getting bum raped today, eur went straight up and never looked back, the flat price action at 1.385, and the fact that 75% of retail were short should have told me. When those 75% of retail were getting short, everyone else was getting long
. Only real reason why I am trying to short is that were are multi year highs here on the euro and pound.
Last edited by White-Belt; 03-07-2014 at 03:42 AM.
-
-
03-07-2014, 04:52 AM #3925Goldfinger
- Join Date: Jun 2007
- Location: United States
- Age: 43
- Posts: 2,666
- Rep Power: 5582
http://www.mcoscillator.com/learning...b903-151421297Originally Posted by cake123
"At the cost of being repetitive, I have to once again state my amazement at the aspect of human nature that allows us to mix the most rigorous skepticism and the most acute gullibility"
"As drowned worshippers do not write histories of their experiences (it is better to be alive for that), so it is with the losers in history, whether people or ideas"
"Secular bull markets are designed to take the least amount of people along for the ride as possible, call it universal law."
-
03-07-2014, 05:05 AM #3926Registered User
- Join Date: Mar 2008
- Location: Australia
- Age: 39
- Posts: 5,535
- Rep Power: 35961
The Intelligent Investor - Benjamin GrahamOriginally Posted by VBogdanovic
Stocks for the Long Run - Jason Siegel (probably first half of book is better than last half)
Security Analysis - Benjamin Graham
Above will give you a good grasp on fundamental analysis because technical analysis is bullsh11t (there i said it)
-
03-07-2014, 05:25 AM #3927Registered User
- Join Date: Jul 2010
- Posts: 9,151
- Rep Power: 51355
Originally Posted by keels141
Originally Posted by Num3n
This guy explains it better. Go back and look at your failed trades and see if you were gong against the main trend."I bet your parents taught you that you mean something, that you're here for a reason. My parents taught me a different lesson, dying in the gutter for no reason at all... They taught me the world only makes sense if you force it to."
-
03-07-2014, 05:53 AM #3928Registered User
- Join Date: Feb 2009
- Posts: 5,812
- Rep Power: 9052
F, you should make your own videos and upload them &/or make your own program and sell it. srs.
-
-
03-07-2014, 05:59 AM #3929One Love M8
- Join Date: Jul 2007
- Location: Pennsylvania, United States
- Posts: 14,024
- Rep Power: 25381
TA is bullchit? been a while since I heard that lolzzz
Deplorable Crew
Keep calm and short the VIX
-
03-07-2014, 06:09 AM #3930Registered User
- Join Date: Aug 2011
- Posts: 9,400
- Rep Power: 88942
"Public Offering Order 210 AQXP.We were unable to allocate shares. Possible reasons: Offering priced above limit or high demand for shares."
Really getting tired of your **** E-Trade.“We have these — these talking heads who have gotten the vaccine and are telling other people not to get the vaccine,” Gov. Spencer Cox (R) said.
“That kind of stuff is just, it’s ridiculous. It’s dangerous, it’s damaging, and it’s killing people. I mean, it’s literally killing their supporters. And that makes no sense to me.”
. Only real reason why I am trying to short is that were are multi year highs here on the euro and pound.
Bookmarks