AXR ==> The Independence Day Winner!

[mrmarket]

www.weatherchannel.com

If your TA is designed to predict short term moves, why didn't it correctly predict AXR's 6% increase the day after I bought it?

[DSteckler]

If your TA is designed to predict short term moves, why didn't it correctly predict AXR's 6% increase the day after I bought it?

What makes you think it didn't? Using a 30-minute chart, on 7/7 AXR broke back above its 20-bar EMA in the morning. That was a swing-trade buy signal. Near the close there was a bearish divergence between price and the stochastic, which was the exit signal. AXR has remained below the 20-bar EMA ever since.

[Lyehopper]

What makes you think it didn't? Using a 30-minute chart, on 7/7 AXR broke back above its 20-bar EMA in the morning. That was a swing-trade buy signal. Near the close there was a bearish divergence between price and the stochastic, which was the exit signal. AXR has remained below the 20-bar EMA ever since.

Dave, I'll bet you would ask Ernie why he didn't bring his umbrella to work once you saw the rain falling. Then when he asked you where yours was?.... You'd say that you intentially left it at home 'cause your hair needed washing.

Why don't you tell us when to buy it Dave.... I'll be watching for your detailed TA and buy signal..... Here's my opinion.

[Lyehopper]

jejejejejeeeeeeeeeeee!

Here's my opinion.

............. http://new.wavlist.com/tv/007/dangerus.wav

[mrmarket]

What makes you think it didn't? Using a 30-minute chart, on 7/7 AXR broke back above its 20-bar EMA in the morning. That was a swing-trade buy signal. Near the close there was a bearish divergence between price and the stochastic, which was the exit signal. AXR has remained below the 20-bar EMA ever since.

You said you didn't like the pick, yet you could have profited by 6% in one day.

You aren't making much sense today, Dave.

[DSteckler]

You said you didn't like the pick, yet you could have profited by 6% in one day.

I didn't and I don't, Ernie. It's made a much better short than a long. As a short it's down over 25% since 7/5.

[DSteckler]

Nice bounce off the 61.8% retracement level, using the 1/12 low and the 6/27 high. A close or two above the 20-bar EMA (30-minute chart, around 41.35) will likely set up a test of the 50% level, around 44.

[Lyehopper]

I didn't and I don't, Ernie. It's made a much better short than a long. As a short it's down over 25% since 7/5.

When it was up 6% you told Ernie AXR was a "Nice call" on 7/7/06....

Then after it fell on 7/11/06 you said it had fallen....

Then after it rallied two dollars this morning you said it had bounced upward....

Dave you are a pro!.... Yep! Definitly a pro!..... An after-the-fact Pro.... But a pro none-the-less....

[Lyehopper]

............. http://new.wavlist.com/tv/007/dangerus.wav

............. http://new.wavlist.com/tv/027/sf-dangerous.wav

[mrmarket]

Dave, I'll bet you would ask Ernie why he didn't bring his umbrella to work once you saw the rain falling. Then when he asked you where yours was?.... You'd say that you intentially left it at home 'cause your hair needed washing.

Why don't you tell us when to buy it Dave.... I'll be watching for your detailed TA and buy signal..... Here's my opinion.

Lye...

You are a genius. You called that bounce better than Red Auerbach ever could!

[lemonjello]

Does someone have a link to these backtests?

While I respect your insight, I must add that this, and my track record, has been analyzed and backtested over and over again. Many of these threads are archived in this forum.

[diogenes]

Does someone have a link to these backtests?

And as a secondary question:
What database was used for the fundamentals?
(Which of course leads to the whole, howdoes one account for the discretionary aspect question)

[Lyehopper]

Does someone have a link to these backtests?

They're locked away in a vault down at VTP Central.... Webs has the key.

[diogenes]

They're locked away in a vault down at VTP Central.... Webs has the key.

Haha...most amusing.

[Websman]

Haha...most amusing.

Amusing but true...