Archive for March, 2008

One quadrillion dollars on inspectd.com

Tuesday, March 25th, 2008

one quadrillion dollars

Inspectd.com allows you to test your stock market skills against over 20 million actual historical charts.

I made a quadrillion dollars by trading off of 20 million random actual historic charts. Only 1256 trades. Yeah, I was betting 100% with each trade - the power of compounding is strong. Yes, this is not like real trading - there are a lot of other factors that come into play with real trading.
BUT, it does PROVE that future prices can be predicted by past prices.
Where’s the press? This is an historic event.
Where are all of the anti-technical analysis posters? What do the pro-Efficient Market Hypothesis people have to say?
Here is what “the Prince” says about TA (thanks for the link Tom):

The truth is most institutional investors and real Wall Street professionals know that technical trading is absolutely hogwash.

The truth is that TA works.

Wall Street Fluctuates This Morning

Tuesday, March 25th, 2008

I found the headline on yahoo finance this morning to be very insightful:
wall street fluctuates
I am going to start posting a headline to uglychart.com every morning and I think I will just always use this line because it will always be true.

ATS: +5.26R

Monday, March 24th, 2008

The big trade of the day for the automated trading system today was a short of Fannie Mae (FNM), which brought in 6.27R:
shorted FNM

51 stocks closed at all-time lows

Monday, March 24th, 2008

“It is one of the great paradoxes of the stock market that what seems too high usually goes higher and what seems too low usually goes lower.” - William O’Neil

Symbol Price Volume Avg. Volume % Vol. Increase
AYR 13.37 4021451 822563 %388.89
CKNN 0.5 832511 121654 %584.32
SEED 4.72 721377 1487610 %-51.50
HS 14.31 689780 525327 %31.30
HDL 0.215 594745 140277 %323.97

– Click here for today’s full list –

45 stocks closed at all-time highs

Monday, March 24th, 2008

“It is one of the great paradoxes of the stock market that what seems too high usually goes higher and what seems too low usually goes lower.” - William O’Neil

Symbol Price Volume Avg. Volume % Vol. Increase High Alpha
CSX 56.06 7510011 6116600 %22.78
NKE 69.08 7432618 3985090 %86.51
TJX 34.39 6543757 6782680 %-3.52
JBHT 32.52 4131310 2843920 %45.26
SRR 20.49 2857400 591966 %382.69

– Click here for today’s full list –

Simple sites

Monday, March 24th, 2008

I’ve been using some of these simple local sites lately - they are just a lot easier to use. Like simpleweather and newshoured. There is money in taking something that is popular and complicated - and making it simple.

links for 2008-03-24

Monday, March 24th, 2008

Absolute proof that the Efficient Market Hypothesis is incorrect, that Technical Analysis works, and that I wasted too much time on inspectd.com

Sunday, March 23rd, 2008

Yes, I made another trillion on inspectd.com. This time, however, it didn’t reset me back to $999,999,999,999.99.
trillions
But I thought by doing it again, I would show anyone that might have thought I was just lucky on my first trillion, that it wasn’t just luck - it was technical analysis. Technical Analysis really works. A lot of us traders already knew this.
Q.E.D.

links for 2008-03-23

Sunday, March 23rd, 2008

I broke inspectd.com - can’t go over one trillion

Saturday, March 22nd, 2008

I guess you can’t go over $1,000,000,000,000 on inspectd.com because I just did:
trillions of dollars
But when I log in again, I see this:
billions of dollars
Oh well - it was getting too addicting anyway.
I guess I’ll just have to settle with a 9,758,001% APY.

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