Forum: Collective2 Suggestions, Feedback, Questions
| |
| Subject: | Current Market |
| Posted by: | Rick Haines ( C2 Score: 988 ) |
 |
| |
|
| When: | 6/09/12 (13:45) | |
| Systems: | RPH, RPH2, t2107 atm xlt5, Conservative Growth, Diversified ETF Timer, Extreme Trader, rydex 500, rydex qqqq, self directed 401 timer, SMA, Target 50 stopped trading 8-28-07, Target 60, Ultimate Trader, UT2, Wave Rider stopped trading on 4/25/08 |
|
|
|
|
| | Looking at the chart of the DJ-30 going back several years I see a head and shoulders pattern trying to form. The left shoulder would be from 1997 to the start of 2003. The top of the head is around Oct of 2007. If it is a head and shoulder developing the right shoulder hit its top the first week of May of this year.
Does anybody else see this? It is an important question because if it is true and plays out the market would not break down rapidly till the Dow is around 7500. From there it would be down fast and big. And that is a big mover from here.
Rick
|
|
| | |
|
| |
|
| |
| Subject: | Current Market |
| Posted by: | ETF GLOBAL TIMER ( C2 Score: 996) |
|
| |
|
| When: | 6/09/12 (14:12) | |
| Systems: | |
|
|
|
|
| | In response to post by Rick Haines of 6/09/12 (13:45) Looking at the chart of the DJ-30 going back several years I see a head and shoulders pattern trying to form. The left shoulder would be from 1997 to the start of 2003. The top of the head is around Oct of 2007. If it is a head and shoulder developing the right shoulder hit its top the first week of May of this year....
See entire
Hi Rick,
Are you implying that you will stay long until the DJ-30 declines to 7500 and then short it?
I have found that trading multi-year trends is not the best way to make money in the stock market.
Jim |
|
| | |
|
| |
|
| |
| Subject: | Current Market |
| Posted by: | Rick Haines ( C2 Score: 988) |
|
| |
|
| When: | 6/09/12 (14:26) | |
| Systems: | RPH, RPH2, t2107 atm xlt5, Conservative Growth, Diversified ETF Timer, Extreme Trader, rydex 500, rydex qqqq, self directed 401 timer, SMA, Target 50 stopped trading 8-28-07, Target 60, Ultimate Trader, UT2, Wave Rider stopped trading on 4/25/08 |
|
|
|
|
| | In response to post by ETF GLOBAL TIMER of 6/09/12 (14:12) Hi Rick,
Are you implying that you will stay long until the DJ-30 declines to 7500 and then short it?
I have found that trading multi-year trends is not the best way to make money in the stock market....
See entire
No Jim I am not implying that at all. I am a short term trader. I just post that observation to get feedback from others and to point it out to long term investors.
Rick
|
|
| | |
|
| |
|
|
|
|
What is the C2 Score?
Collective2 rates every trading advisor in its database and assigns a score between 100 and 1000.
In general, a rating above 500 is good. A rating above 700 is excellent.
Collective2 Ratings are recalculated daily based on the entire performance history in our database. The exact formula we use is proprietary, but there are several key variables that go into the Collective2 Rating. One of the most important factors is the length of time we have been able to observe the performance of the trader. Another key factor is the amount by which the trader over-performs or under-performs the S&P 500 index. Finally, the choppiness of the trader's results is taken into account. Certainly a more consistent trader will be rated more highly than a trader with erratic results.
