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Lawrence Chan  

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  • Bankable ETF Strategy: Simpleton Counter-Trend [View article]
    What are you looking for exactly?

    Check out the signal page on my site to see if that is what you are looking for:
    http://bit.ly/18pSzdu
    Mar 7, 2015. 07:37 AM | Likes Like |Link to Comment
  • Is 5% Correction All We Are Getting Or Is Something Worse Waiting For Us? [View article]
    10% correction completed with a very strong bounce yet market internals has not fully swinged to oversold territory. More chops until that is resolved.
    Oct 23, 2014. 09:28 AM | Likes Like |Link to Comment
  • Is 5% Correction All We Are Getting Or Is Something Worse Waiting For Us? [View article]
    Actually you can refer to my article on Election cycle stats for clues.
    http://seekingalpha.co...

    The strong run up in the first 1/2 of the election years often point to significant risk of those gains being wiped out. When that happens, they are often followed by relief rally after election is over.
    Aug 17, 2014. 02:48 PM | Likes Like |Link to Comment
  • Is 5% Correction All We Are Getting Or Is Something Worse Waiting For Us? [View article]
    The analysis presented is not my opinion, it is just a scientific method that works very well. I pretty much nailed all the more significant drops in past few years using my custom market breadth models. The statistical bias favours more correction until either the longer term market breadth showing oversold conditions or a sell climax is reached.
    Aug 15, 2014. 11:49 AM | Likes Like |Link to Comment
  • Is 5% Correction All We Are Getting Or Is Something Worse Waiting For Us? [View article]
    Simple chart comparison based on pure correlations are just "talking points".

    Chart comparison based on the chart structure are quite useful for short term price projections.

    Market breadth based method helps refine the latter. Will post more when I get the chance.
    Aug 13, 2014. 08:21 AM | 1 Like Like |Link to Comment
  • Is 5% Correction All We Are Getting Or Is Something Worse Waiting For Us? [View article]
    A choppy correction into 10% range is more likely.
    Aug 13, 2014. 08:17 AM | 1 Like Like |Link to Comment
  • Is 5% Correction All We Are Getting Or Is Something Worse Waiting For Us? [View article]
    Emini S&P and Dow future contracts traded to 5% correction overnight. Hence the last 1% did not show up during the US trading session. Tricky, isn't it?
    Aug 12, 2014. 12:14 PM | Likes Like |Link to Comment
  • The Presidential Election Cycle And Its Effect On Stock Markets [View article]
    I have posted the composite average daily chart on all election years at my site to illustrate the point more clearly.

    Just see things as they are,

    http://bit.ly/RfPrDY
    Oct 21, 2012. 07:44 PM | Likes Like |Link to Comment
  • Bankable ETF Strategy: Simpleton Counter-Trend [View article]
    This is exactly why it works - it is counter-intuitive.

    Read the rules as is. It is really that simple.

    The use of moving average is just a way to get you into the trade. The driver of the bias is the market making activities that in aggregated terms, making short term moving averages based strategies not functional consistently. Hence the reverse strategy can consistently pulling in profit even though the entries are bad.

    There are better (and a lot more complex) methods to ride the coattail of this mean reversion behaviour in the S&P500 index. Those concepts will probably take several full length lectures to explain.

    So, explore the idea by changing the parameters, rules, etc. to see the effects. It will open up a whole class of trading setups that you probably think that they would never work.
    Jul 20, 2012. 11:26 AM | Likes Like |Link to Comment
  • Bankable ETF Strategy: Simpleton Counter-Trend [View article]
    Not average true range, just the average range. i.e. high minus low.
    You get it right that it trades at open on following trading day if the criteria is met.
    Jul 19, 2012. 09:20 AM | Likes Like |Link to Comment
  • Bankable ETF Strategy: Simpleton Counter-Trend [View article]
    Yes. Simple moving average (SMA) 6 period on close.
    Jul 17, 2012. 09:04 AM | Likes Like |Link to Comment
  • Bankable ETF Strategy: Simpleton Counter-Trend [View article]
    This would depends on an extra factor - the volatility at the time. Will need to study that a bit before I can answer the question.
    Jul 17, 2012. 09:03 AM | Likes Like |Link to Comment
  • Bankable ETF Strategy: Simpleton Counter-Trend [View article]
    Using SH actually can improve the short side performance. That I will have to write a separate article as there are quite a few interesting characteristics one can exploit trading the SPY / SH pair.
    Jul 16, 2012. 11:04 AM | Likes Like |Link to Comment
  • Bankable ETF Strategy: Hidden Bear [View article]
    The labels are marking the end of the year, not the beginning.
    Jul 8, 2012. 02:01 PM | Likes Like |Link to Comment
  • Bankable ETF Strategy: Hidden Bear [View article]
    No. One is calendar date based and the other is trading day based. It can be confusing sometimes. =)
    Jun 23, 2012. 11:00 AM | Likes Like |Link to Comment
COMMENTS STATS
33 Comments
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