Tuesday, September 26, 2006

Tale of Two Timers

Two proven methodologies that I have referred to in the past are Terry Laundry's
"T Theory" and Robert Taylor's "Taylor Trends." I am making note of them here because both of these two very disparate methodologies are converging into a single, bullish view of the months ahead. In fact both are suggesting that there will be a brief decline into mid-October (Taylor) or early November (T Theory) at the latest, then we are off to the races well into the future.

Although both timers can be off on the very short-term, they both have an excellent record of intermediate and longer-term forecasts. According to both, from wherever and whenever we bottom in the coming weeks, the trade of the year is to get long and stay long soon thereafter.

A

PS: Taylor Trends has an interactive member forum up and running, for those who have read the book, Paradigm. It will be interesting to compare notes with others who are following and appreciate these forecasts. You can access the forum at the Taylor Trends member web site.

19 comments:

Anonymous said...

I'm a regular reader of your blog..

here's a new one for us

http://www.isecureonline.com/reports/CUT/ECUTG950/

check this out another one of those This-company-looks-great-pay-me-and-I"ll-tell-you-what-company-this-is

I'm guessing
Australian-Canadian Oil Royalties Ltd.

-Daniel

Allan said...

TRMA - Trico Marine

Anonymous said...

I am concerned about the title "Tale of Two Timers" being some sort of copyright
infringement.

C. Dickens, London

Anonymous said...

http://www1.youreletters.com/t/417135/9109677/796080/0/

here is another find me stock

Anonymous said...

Hey Allan,

If you have time, I'd be interested to get a glimpse on your thought process on exiting NEOL, assuming you got into it friday or this morning.

I bought on friday right before the close and then some more right at opening. Made six and two percent respectively. But even now it's up 10 percent over friday's close.

I know I'm just asking the age-old Investor's Dilemma question of how to sell high, or more accurately, how to sell higher, but was hoping to maybe glean some insights from this particular case study on how you approached things.

Best,

Jon

Anonymous said...

Jon, I bought NEOL Friday at 4.90, watching it closely today, expect another attempt at 5.50 at which time I'll probably slap on a trailing stop; if it doesn't make that attempt to make a new high above 5.50, I'll probably close out the trade earlier, will not leaave with less then a 5% winner.

A

Anonymous said...

Okay, but what is your reasoning behind the mechanics of the trade? Why, for example, do you suspect a 15 percent, or more, gain on this particular trade vs. say, a 5 percent top out and plunge?

Anonymous said...

Not sure reason is part of my thinking here, as I am looking at 1, 3, 5, and 10 minute bar charts, along with the daily chart and getting a feel for how to best maximize my profits. It's clear form today's action that 5.50 is a big hurdle.

A

Anonymous said...

Watching NEOL today, I must say I am amazed at your sense of what it was capable of. Maybe this is too much of a freshman question, but what in the 1, 3, 5, and ten-minute bar charts gave you a sense that this was possible?

Jon

Anonymous said...

but what in the 1, 3, 5, and ten-minute bar charts gave you a sense that this was possible?

you look at enough of these charts over the years and it becomes second nature, that is if you have a first nature in the first place, if not, then it becomes first nature and all that other stuff, like people and relationships and life, becomes second nature, no, canel, cancel.......cars are second nature and all that other stuff becomes third nature.

A

Anonymous said...

NEOL
10000 more and the tape yet to move. A strange game indeed.

Greg Reiman said...

The weekly xyber9 short term forcast is for a lower price on Oct 5th then the high on Sept 29th.

I hope he is right and tomorrow is a major blow out down day as I have bet the farm (well not the whole farm) with Oct puts and am running out of time. I feel like Victor Niederhoffer, skating on the edge of insanity!

I have been waiting for a big market correction for over four weeks and am completely baffled by this continued uptrend. It would be just my luck if the big correction comes the day after Oct options expiry.

Greg

Anonymous said...

Greg, I the past couple of days I have gone from short to long, based on several different timing methodoligies I monitor as well as the market itself, which I do not like to argue with. I expected this to be a down week, as you did, but so far at least the market isn't interested in going down. If it does change course, I can flip my positions in under a minute, but until it does, I'm on board.

A

Anonymous said...

Hi Allan, Gary (Between the Hedges) has been calling this market rally correctly. My results are better when I read his commentary, which are updated twice daily. This afternoon he has an interesting short candidate in an otherwise bullish market. Thanks for posting the link. Perhaps newer readers would appreciate a repost. Best regards, Joe

Trish Telesco said...

A while ago we sent you a post about possibly joining Zecco as a blogger. By now you hopefully have been hearing the buzz about Zecco.com on the net. We're due to open trading soon but between now and then we still need good bloggers to join us. If you're interested in more details, please email me and we can get you set up!

Anonymous said...

Hi Trish, You're email address was not attached, how about sending me an email to apharris@mac.com and we can talk, err, I mean type.

A

Anonymous said...

Greg, Been wondering all weekend if Friday's downturn was enough of what you were looking for in a correction. Is the farm safe?

Allan, you think NEOL's got enough juice for another run on friday's ibuy? I'm torn.

Best to all,

Jon

Greg Reiman said...

Hi Jon:

No the downturn Friday was not nearly enough and now time decay is an issue as Oct expiry nears. I need some strong down action this week or most of my puts will expire worthless.

The farm is actually safe, but it will need some rebuilding. This was my first foray into options in a serious way. I probably should have been more cautious as I tried something new.

Greg

Anonymous said...

Allan, you think NEOL's got enough juice for another run on friday's ibuy? I'm torn.

Jon, sorry for the delay, been out of town and just now catching up...NEOL up 8% today, I guess that answers your question.

A