fotchstecker
304 posts
msg #154641
- Ignore fotchstecker
modified |
11/17/2020 10:28:09 AM
Cheese, yes, this is strange. When writing the last note back to you, I ran the filter on 11-16 and eyeballed the results -- maybe 10-15 "bearish etfs" in a cluster. Now when I run it, maybe one hour later, I get nothing like you for 11-16. This is twice now that this kind of thing has come up, the other was with nibor. Really not sure what to make of it; not sure why a historical ROC calculation would apparently change 1 day back...
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Cheese
1,374 posts
msg #154642
- Ignore Cheese
modified |
11/17/2020 11:02:26 AM
Thanks again, fotch
now it's showing one result TBT
now, it's showing three results
at the time of posting, all bearish signals have disasppeared
and the tone of the market indeed appears to become less bearish
It's good that it is sensitive to market changes during trading hours.
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Cheese
1,374 posts
msg #154643
- Ignore Cheese |
11/17/2020 11:27:11 AM
The 2-day return version by
nibor100 11/9/2020 11:06:05 AM
does not produce many signals but signals appear to be stable.
At this time, it shows SH, so market is bearish, I guess.
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fotchstecker
304 posts
msg #154644
- Ignore fotchstecker |
11/17/2020 11:30:54 AM
Cheese, you are using it intraday, it sounds. The example I meant was using historical runs which should have finalized with the closing prices. That is why it has been confusing to me to run it several days back and see a different result. Oh, well. I'll keep testing.
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Cheese
1,374 posts
msg #154645
- Ignore Cheese |
11/17/2020 12:21:59 PM
fotch, sorry if my posts confused you
But Coca Cola was first created by two pharmacists as a cough syrup.
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fotchstecker
304 posts
msg #154648
- Ignore fotchstecker |
11/17/2020 2:50:55 PM
Cheese, I'm laughing. :)
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fotchstecker
304 posts
msg #154650
- Ignore fotchstecker |
11/17/2020 6:01:18 PM
Cheese, by the way, at time of this writing the bearish tickers from the 16th filter run are definitely (re) appearing:
FAZ - Direxion Daily Financial Bear 3x Shares
SRTY - ProShares UltraPro Short Russell 2000
TZA - Direxion Daily Sm Cap Bear 3X ETF
UVXY - ProShares Ultra VIX Short Term Futures E
SDOW - ProShares UltraPro Short Dow 30 ETF
TWM - ProShares UltraShort Russell2000
HDGE - Active Bear ETF
LABD - Direxion Daily S&P Biotech Bear 3X Share
SPXU - ProShares UltraPro Short S&P500
VXX - iPath Series B S&P 500 VIX Short-Term Fu
VIXY - ProShares VIX Short-Term Futures ETF
DXD - ProShares Dow 30
SDS - Proshares S&P 500
RWM - Short Russell2000 ProShares
DOG - SHRT DOW30 PROSHARES
SH - SHRT S&P500 PROSHRS
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Cheese
1,374 posts
msg #154652
- Ignore Cheese |
11/17/2020 8:45:47 PM
fotch,
For longer term tide watching, I check $NYSI and $NASI as overarching direction guide,
while I watch the waves.
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fotchstecker
304 posts
msg #154655
- Ignore fotchstecker
modified |
11/18/2020 8:30:35 AM
Cheese, thanks. If you are interested in market breath studies like those, there are two really good ones with a variety of indicators/approaches:
"stock market logic" by Fosback (older, but really good)
"the complete guide to market breadth indicators" by Greg Morris. Newer, and includes analysis of many of the Fosback indicators.
You can probably find the first on something like Abe Books and the latter on Amazon or similar.
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Cheese
1,374 posts
msg #154658
- Ignore Cheese |
11/18/2020 10:14:09 AM
Thank you very much, fotch
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