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Bill Merriman had 8 stocks he felt would out-perform their peers from 11 Dec 2011 to 11 June 2012
These are:
NVS $55.06
HUM $86.49
NDZ $9.02
PTR $121.95
AIZ $39.41
MRVL $14.13
KMB $69.96
UBS $12.08
(Prices are the opening prices of Monday 12 Dec 2011.)
He screened 2,000 stocks for those with several "planets" in Jupiter on their first trade charts.
I'm going to:
* go through their charts one by one as time permits
* post my thoughts on them
* make buys and sells from a paper $100,000 USD protfolio
and then see how well I can do with them by June.
-------------------------------------------------------------------- Please Note:
There is a thread for wise-acres to make their cracks, jibs, and half-wittisms on astrology.
hi I am new to this forum and I am wondering if any of you pro traders follow or have any opinion on trading and cycles based on the position of planets and the earth.It sound like b.s. to me,I wonder if you pro's have an opinion.Thank you,trader …
It is filled with vitrol. If you are negative and non-constructive then please do not make your posts there. Thanks.
------------------------------------------------
I have made this new thread to be a "safe zone" for like minds to discuss the subject free from ridicule and harassment. I hope you will respect this.
I would really like to find others who are interested in pursuing the potential use of astrology in trading and hope that my make this thread others may feel encouraged to be brave and share there ideas.
If you would like to include numerology, harmonics, or cycle theory especially on a metaphyiscal leaning that would also fit in here. I hope you come forward (or if more cautious perhaps contact me with PM.
Many thanks!
..........
peace, love and joy to you
.........
Can you help answer these questions from other members on NexusFi?
Here's the charts for NDZ.
The charts are 10yrs, 5 yrs, 1 year and from 3 Aug to now.
My observations:
Chart1: Big resistance at $12 - looks very solid and will probably be hard to break through.
Chart2: We're in a congestion area shown be the dotted red box
Chart3: If we can get through the $9.40 level (lower red line) then $10 is resistance.
Chart4: It may (or may not - ha ha) hold at $8.80, If it does and bounces then we could buy.
Conclusion
I'm going to wait a day or two for this. It could hold at $8.80 level or break down. I'd rather pay a little more for it and have a safer buy.
There is really not much to say (nice) about this from the long side.
This looks sure to keep faling for the next while.
Stay away until until you see what happens in the 110-112 area (doesn't look like much of a wait.
10yr - coming down to green uptrend line from $160 area peak.
5yr - coming down. could hold at 110 area but $100 looks more likely for first support
1 yr - clumsy H&S - direction down
from Aug 2011- down to 110.
Conclusion: Stay away until it has stopped falling.
Two days ago, on talking numbers Ms Doolittle was negative on oil and suggested a big fall coming (it was $98.50 then and she was estimating $87 soon and perhaps $75 in a few weeks)
I was thinking of buying a negative S&P etf to match against each long holding as I bought them.
I decided to see how much each moved and how much ETF I would need to balance downside - as I am bearish on the market.
Of course each stock won't have a reliable beta to the S&P 500 - but I'll try a clumsy hedge.
HUM dropped since Monday (looking pretty ugly actually). I think 250 SDS would have approximately balanced the drop. So depending on the action tomorrow I'll buy some SDS (its an ultrashort ETF) to help mitigate further downside in HUM.
Tomorrow is a BUY day in the Taylor 3 day cycle for the ES -which I'm studying right now.
