The Expert
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If anyone wants they can post the next trade setup for BDX, which may or may not materialize. I will not, however, post the format again.
If anyone wants they can post the next trade setup for BDX, which may or may not materialize.
Fair enough TE.If anyone wants they can post the next trade setup for BDX, which may or may not materialize. I will not, however, post the format again.
If anyone wants they can post the next trade setup for BDX, which may or may not materialize. I will not, however, post the format again.
Well we all use different setups to enter our trades. Do you mean you want someone to post a live call for BDX once the US market opens using their method?
Fair enough TE.
One small favour though, can you tell me where the first 'trade setup' is please, so I've got some idea what to look for.
Cheers,
Tim.
How far has BDX traveled today, I bet you it is more than 50 cent.
PS. Im very glad that timsk is a confused as me, lol. Im kind of stupid, but Timsk is a clever guy. Its quite funny, because when this thread started getting all typically criptic, I was gonna suggest that someone smart like Timsk should be nominated to translate all of the rubbish into plain English for the rest of us!
How far has BDX traveled today, I bet you it is more than 50 cent.
Indeed it was, the range was 131 cents.
Paul
I mentioned earlier that I know a guy at a hedge fund that does purely intra-day trading.
Of course, they have a plan of what to do prior to each day. The sheet above is quite similar to what they compile in advance of earnings days in order to help them formulate their plan.
Spreadsheets are a real pain in the ass for this type of stuff and yet I have found no useful trading software that lets me see this stuff and also keep my notes which I can call on for the next quarter. Only yesterday, I started to develop an Access database to store this type of into and I am also getting input from the hedge fund guys so that it covers the bases and we can share the software. The goal of the software for me is to get a deeper understanding of what initiates major moves and what doesn't.
Right now, I can jump on a move and make money but I would prefer to anticipate moves, which I know is possible as these hedge fund guys are doing just that. I may fail in this effort but it does not detract from my trading, so it is a worthy exercise.
which is just about exactly what it does everyday
OK, can we please have a summary of what we have learned so far?
Oh how I wish it were true, kind of you to say so all the same!
If I have a minute in the next day or two, I'll go through the thread from scratch and do as TE asks although, it must be said, it would be a whole lot easier if s/he did it, seeing as it's his/her thread and, presumably, has a good idea of what s/he's said! On that note TE, if you're genuinely wanting to impart valuable ideas for the benefit of the membership, then writing them out clearly in your own hand is surely the best solution?
Tim.
PS. Funnily enough, I have recently bought a laptop. TE - you'll be surprised to learn that I consulted three people besides the store salesperson before making a decision, two of whom are contributors to this thread!
I've learnt that:
A chart with no legend and no axes labels really doesn't tell me much about anything, and makes being 'taught' quite brutal.
We finally learnt that the charts you posted showed
*daily range (high - low) of C.
and
*(Close - Open) of C.
(from another poster no-lesss!! )
If a stock always ahas a big range, it'll probably have a big range tomorrow. (although we dont know which way it'll move)
I've also learnt to check the hardward specs etc, before buying a laptop.
So far..so good!
Sorry DT, I've never been one for parlour games and riddles. I let other people solve them (like you) and then pat them on the back and tell them how clever they are. It's a symbiotic relationship which has served me well over the years. So, my answer to your question will disappoint you I'm afraid and it is that your statement appears to be the polar opposite of mine, leaving me to conclude that I'm not interpreting the information on the charts correctly (assuming you are - of course!)
If you want to get this stuff for yourself
http://www.standardandpoors.com/indices/sp-500/en/us/?indexId=spusa-500-usduf--p-us-l--
You will need to register to get the latest version of this (today it is 17th Feb 2009 version) . You need to find "Index earnings" under "Index data". Once you download the spreadsheet then go to the Issue level data worksheet.
If you just want to see what it looks like without registering on the site, there is a Q4 2009 version here:
www2.standardandpoors.com/spf/xls/index/SP500EPSEST.XLS
This will give you an idea of what is held there
Charlton
Thanks for that - I do subscribe to briefing.com, I have the information - but I want to bring all the information I keep into one place. I also want to be able to refer back to my notes each quarter so that each earnings time, I can dip into my experiences from trading the stock last quarter. I am suprised such a database for a trader does not already exist.