Seeking Alpha

OldWarrior

OldWarrior
Send Message
View as an RSS Feed
View OldWarrior's Comments BY TICKER:
Latest  |  Highest rated
  • Why Buy-And-Hold Doesn't Work For Investor Wealth Builders [View article]
    Peter may have the real numbers; but if memory serves me correctly, until blockdesk.com went live in ~July, Peter was publishing a list of stocks and a list of ETFs each month.

    In my blogs I have proposed a couple of different methods of picking out only a portion of each list, and 2 methods of helping to chose which may turn out the best. Neither of my methods are extensively tested and proven to exceed Peter's ranking system, but I am trying. I do not have the capital to buy every rec when they come out at 20/month; but at his site I can buy lists whenever I am ready to commit capital, and use his tools to try to pick out the best at that time.

    A new list is available every Market Day about 1 hour after Close.
    Dec 10, 2014. 06:36 PM | Likes Like |Link to Comment
  • Interesting Times For All Commodities And Investments!! Chapter 91.... [View instapost]
    The reality is that now that the technology has been developed, it's not a matter of the Saudis driving Fracking out of business; but rather the large companies like XOM driving the small producers out.

    Once the small drillers are toast, the Big Kids can go back to business as usual. Anyone besides me remember the "Gas Wars" of the 60's, when small companies like Champlain and APCO got eaten by Shell, Exxon, Chevron and a couple other mega companies?

    That was the death of the Full Service stations where they pumped your gas and wiped your windshield. The independent service stations would make 11-12 cents/gallon with gas at 32C. The big guys would be selling gas for 19-20cents/gallon and the small oil companies could, at best pay their stations 4c/gal. My Father-in-Law watched as Champlain collapsed under and he had to lease from Texaco. (At 4c/gal.) Fortunatly, by that time he was the most coveted of blue collar workers-an Honest Auto Mechanic.
    The gas pumps only covered the utilities. His shop made a bundle.
    Dec 10, 2014. 06:17 PM | 1 Like Like |Link to Comment
  • Interesting Times For All Commodities And Investments!! Chapter 91.... [View instapost]
    LOL I did well today in TZA though in my RLP. Well enough that I didn't sell at close as I have a fair cushion if it doesn't tank too big overnight.
    Dec 10, 2014. 06:07 PM | Likes Like |Link to Comment
  • Why Buy-And-Hold Doesn't Work For Investor Wealth Builders [View article]
    @Varan;
    Can you be more specific in your question?
    Dec 10, 2014. 06:00 PM | Likes Like |Link to Comment
  • Why Buy-And-Hold Doesn't Work For Investor Wealth Builders [View article]
    If one has the Billions to play with like Mr. Buffet, their problems are more like how to invest without moving the price too much. That is where the Market Makers come in. Peter uses the inevitable money trail that moving that much money leaves. The Market Makers, in the course of spreading large blocks of trades around to reduce their influence on the price, must put some of their own capital to work. Since they hate risk, they hedge their investments. By tracking the cost of those hedge vehicles, Peter is able to discern what the MMs think about a stock. By tracking such events over a number of years, he has built up a history of what has happened to stocks after these certain specific conditions exist. The result is what we can use to help pick the better stocks out of the few thousand possibilities. Almost every Equity has it's cheerleaders and it's detractors. By taking the emotion out of trading, one can find both entry and exit points.
    In my years of investing, I have been able to find entry points relatively easily compared to picking the best exit point. To hold stocks through thick and thin, one loses the ability to include TIME in your investment equation.

    Time is a cost just like Fees and Commissions. Once spent, it can never be recaptured.
    Dec 10, 2014. 05:29 PM | Likes Like |Link to Comment
  • Analyzing BTFs As Presented By Peter F. Way On BlockDesk.com [View instapost]
    In order to follow stocks with current data, the investor must purchase that data from blockdesk.com.
    http://www.blockdesk.com

    Using the data presented in the Screenshot, anyone can look up stocks in that list and see where they were at 3 months, and if they hit the PT in Column B prior to ~11-7.
    Dec 10, 2014. 03:10 PM | Likes Like |Link to Comment
  • Analyzing BTFs As Presented By Peter F. Way On BlockDesk.com [View instapost]
    Sorry, I hate when Authors use abbreviations and don't explain them.
    BTF stands for Block Trader Forecast.
    Block Traders are the large volume Market Makers who must move large blocks of stocks for the major players such as Pension Funds. If done wrong, these large trades could move the markets heavily against the traders.
    The screenshot was put up as representative of a number of stocks data on that date. As such, I did not actually "Chose" one; but rather they are ranked according to desirability using only Column R (and a few at the bottom are out of order, but are lower ranked anyway)
    The reader is encouraged to use the information in the article to rank them themselves using the Criteria that I wrote of.
    This is indeed a historical Illustration. I cannot post current Data for free that is being sold at Blockdesk.com. I will however, as I said in the conclusion, add my own rankings, as well as the results after the Time Target of 63 Market Days had expired. I stopped short of doing that as I wanted to get the text of the post up.
    Peter has posted many articles showing his historical results of his recommendations in general.
    More than anything else, this was posted to answer a question in http://seekingalpha.co...
    about what constitutes a "Buy Range".
    Dec 10, 2014. 02:40 PM | Likes Like |Link to Comment
  • Why Buy-And-Hold Doesn't Work For Investor Wealth Builders [View article]
    @ AnAvgJoe
    Peter F Way has the site Blockdesk.com, which offers investment tools as well as lists of stocks. The lists are derived by Peter's proprietary method of detecting what the Market Makers think of stocks as revealed by their hedging activities.
    There is an FAQ at that site that explains more. Additionally I have published 2 Blogs concerning the tools and their uses, as well as another Blog comparing certain uses of his Intelligence Lists.
    My Blogs (in the order published are at:
    http://seekingalpha.co...
    http://seekingalpha.co...
    http://seekingalpha.co...
    Dec 10, 2014. 01:04 PM | Likes Like |Link to Comment
  • Why Buy-And-Hold Doesn't Work For Investor Wealth Builders [View article]
    I just added a new Blog specific to evaluating and understanding BTFs. For those interested it's at http://seekingalpha.co...
    Dec 9, 2014. 10:24 PM | Likes Like |Link to Comment
  • Analyzing BTFs As Presented By Peter F. Way On BlockDesk.com [View instapost]
    I had hoped to "Dumb it Down" more here than in my previous Blogs, but alas, at times I get wordy.
    Dec 9, 2014. 10:20 PM | 1 Like Like |Link to Comment
  • Apple: Market Maker Price Range Forecast Update [View article]
    Thanks 64, I had not had it explained before.
    Dec 9, 2014. 09:49 PM | Likes Like |Link to Comment
  • Interesting Times For All Commodities And Investments!! Chapter 91.... [View instapost]
    I went short with some FAZ today and got my lunch eaten. Lost ~$350 in the Challenge.

    BTW I posted a new Blog today at http://seekingalpha.co...
    It's a BTF for dummies handbook showing a lot of the data that those forecasts reveal.
    Dec 9, 2014. 09:40 PM | 2 Likes Like |Link to Comment
  • Interesting Times For All Commodities And Investments!! Chapter 91.... [View instapost]
    I got so ruined in Viet Nam by eating Tree-ripened Bananas that it was years before I could enjoy these "Production Crop" kinda yellowish thingies.
    Dec 9, 2014. 09:36 PM | 1 Like Like |Link to Comment
  • Analyzing BTFs As Presented By Peter F. Way On BlockDesk.com [View instapost]
    As always, Comments and questions are invited.
    Dec 9, 2014. 09:33 PM | 1 Like Like |Link to Comment
  • An Analysis Of Possible Advantages Of Market Maker's Opinions Extended Favorable Views Of Stocks Over Single Day Favorable Views [View instapost]
    I just posted a new Blog focusing almost exclusivly on the Data in BTFs at http://seekingalpha.co...
    If it leaves any of your questions unanswered, please ask.
    Dec 9, 2014. 09:32 PM | Likes Like |Link to Comment
COMMENTS STATS
2,507 Comments
1,131 Likes