Engineering Professor
(EngProf6)
Hybrid Timing Model for Analyzing
Stocks and Indices
Click Here to Link to ‘My Journey’
You will find some interesting
questions and comments. You may even find something you wrote. The Mailbag is
located near the end of this web page.
On Wednesday (Oct 18) I introduced version 4.0 with a filter. It is
now Nov 16 and I still strongly believe “This is it” (more than ever).
During the month of Oct I
developed a firm hold on the modeling work I am conducting. The results you
will see and which I will use on my journey are looking great. In addition, I
have now successfully adapted the model to an hourly basis. This will make
investing (on a short term basis) so much easier. You should note that there
are 2 modes for a primary direction (i.e. move): 1) red – down, or 2) green –
up. In addition, for each there is also the subsets of 1) turbulence or 2)
clear trend. So there are a total of 4 possibilities. If we are in a primary up
trend, we can be in ‘clear’ mode or ‘turbulence’ mode. The same applies for the
primary down trend. The label turbulence is used to signify the presence of an
opposing force that is trying to suppress the primary trend.
I have reinstated the
countdown. Several wrote to tell me that this feature is important. I agree. I
had only taken it off for maintenance. The countdown can appear at 2 locations.
If the trend is ‘clear’, then it appears on the top line with the primary
trend. If the trend is being influenced by turbulence, then the countdown
refers to the turbulent portion and is shown on the line with the turbulence
label.
If you are new to this site, be patient, scroll down a
couple of pages and you will find what the model is forecasting for the
following 15 issues:
DIA, SPY, QQQQ, OIH, SMH, IWM, OEX, EWJ and XLF {these are based on specific market averages}
and, AAPL, AKAM, ET, GOOG, STX and WMT
There are 2
classes of investors I would like to reach, in particular. If you are involved
with options, you should
consider what I have to say. You are in the first category. If you trade on the
short term (a couple of
weeks on average), then you are in the other category of investor I am
interested in. I would like to hear the ideas and opinions from members of both
categories.
One feature of my analysis is that I have a count down to a
reversal for each entity. Thus, if we consider stock XYZ, my model tells you
the current trend direction of the stock. Moreover, it tells you how many days
remain before the current trend for XYZ reverses. This information can help you
plan upcoming moves.
My Comments on the Markets
My Comments after Friday
(November 10):
Before
proceeding go up this web page and reread the comments I made a week ago Friday.
Look at what the model said about the week just past. I had 3 positions going
into the week. I did no trading at all this week. I started the week with $3.9K
and finished the week with $5.9K. We had an election, we had oscillations, but
in the end it was the model that prevailed. As time passes I get more
confident, I get more encouraged, I get more determined.
Going into the
week, I hold Nov contracts. All 3 positions are in spreads. I have 2 put
spreads (bullish) and I call spread (bearish). I am coupling the hourly model
with the daily model to refine my decision making process. You will note that I
point out specific days (and even times of day). This is a result of using the
hourly model. My strategy for the
upcoming week for my existing positions will be:
1) Close out my position in QQQQ on Tuesday
afternoon.
2) Close out my position in OIH on Monday
morning.
3) Close out my AKAM position on Tuesday
morning.
And what new
positions do I plan on establishing? Here are the possibilities I have in mind:
1) Go short on
AKAM on Tuesday morning.
2) Go long on
QQQQ on Thursday.
3) Go long on
AAPL on Thursday morning.
4) Go long on
GOOG on Thursday.
5) Go long on
OIH on Thursday.
All the above
suggested positions will be filled with the appropriate spread strategies
(credit type) based on December options. This is simply the plan I have
formulated for the coming week. What I will actually do, you will see on a
daily basis on this site. It is important to plan.
To my AKAM friends,
you will note that I will be going short on AKAM. That’s the way life is. I
don’t know what will happen – I do not predict the future. But, as traders we
have two basic choices. Will AKAM go up or will it go down in the short term?
At this time, the model has computed that even with the markets poised to move
up, AKAM is pointing down. I like to mix my positions. Thus, I want to be long
on most of my positions to align with the markets but I want to have a short to
add balance.
On another
point, I will update the tables with the ‘raw’ moves for selected issues only
on weekends. I have just finished updating all of them. They are now up to date
(until Nov 10).
My Comments after Monday
(November 13):
For those who trade
options, you know what I mean when I say “It’s not easy”. Today, I tried to get
out of the OIH but I could not get the pricing right. The daily model for OIH
has the reversal pinned to Wed evening. My other position in AKAM has to be
closed on Tuesday. Unfortunately for me, the daily trend of down for AKAM took
hold today. That’s life. My final position in QQQQ has done well. The spread is
now out of the money. I will probably hold that position until the Friday
expiration.
The markets are
all pointing up and they continue to do so. That does not mean there will not
be down days. You know as well as I do that to most, the market is
unpredictable because of those days that muddle the waters. If we look at
today’s action and focus on the issues for which I have generated results, you
find that the model has AKAM, OIH and STX in primary down cycles, and you also
find that today all 3 were down. Meanwhile, the markets were up.
In closing, I
would like to thank Pantone and Beach on the AKAM board (Yahoo) for their very
kind words. In addition, I would also like to recognize a poster on the AKAM
board (Google) who made some interesting comments that made me think. The reply
I wrote to him is interesting reading.
My Comments after Tuesday
(November 14):
I have stopped
posting the results of the hourly analyses. It is too much for me to handle and
I imagine too confusing for readers. I will call upon the hourly results only
when necessary.
Today, I made
several trades that had the net result of flipping my long position in AKAM to
a short position in AKAM. The stock was around $50 when my orders got executed.
I still need to deal with OIH before Friday.
I noticed today
that the GOOG board (on Google) now has a number of discussions on options.
Some are talking about buying options that are way out of the money. Given the
current upward move in GOOG, such a strategy looks appealing. But remember at
some point GOOG will go down and when it does, most will suffer a thumping. So
be careful and pay close attention to what you are doing. Options are a ‘very
risky’ business. Enough preaching.
My Comments after Wednesday
(November 15):
Shafted again. I
had been trying to get out of my short in OIH for 2 days. My plan had been to
get out Monday morning as I detailed on the weekend. I didn’t and OIH rallied
strongly. I am now left holding the bag. The only positive is that the hourly
model has OIH in a down trend for the next 2 days. Given my losses and the
circumstances, I have no choice (in my mind) but to hold. Had I been able to
follow the model by having my orders executed, I would have done very well.
Such is life. Things could be worse.
My other position
is the short in AKAM. That one is based on Dec contracts. It did well today.
The other position in QQQQ Nov contracts is destined to close worthless (or
maximum profit from my part).
With regards to
the markets, they will move into turbulence in the next few days. As a result,
I am reluctant to go long on my favorite investment issues like SPY. I am considering
going short STX and long AAPL. My decisions will be timed with the hourly
model. STX is a couple of days away. AAPL will go into a clear up trend on
Monday, and based on the hourly model, it could be a buy on Tuesday. Naturally,
this is preliminary and can change accordingly. Thus, I will let my OIH and
QQQQ positions go until Friday expiration and then next week, I will take up
the above new positions. Stay tuned.
My Comments after Thursday
(November 16):
Wow. Look at
what I said yesterday. There I was saying that I was “shafted again” because I
was still short OIH. Well, OIH dropped a bundle today. Now mind you I had to
liquidate early on, but I am pleased because I was given the opportunity to
recover from several miss-steps I made this week. Remember, I was up against
the wall because the contracts expire tomorrow. So at the end of the day my account
was at $6K. The only position I now hold is the short on AKAM (December
contracts). Tomorrow, I will not do anything because I can’t find something
that is of interest at this time. Next week I have 2 possible shorts (STX and
ET) and a long OIH.
The markets are
now several days away from being hit by turbulence. They will remain in primary
up cycles but they will be experiencing turbulence. The turbulence may dissipate
and the up cycle reinstated or the turbulence may become a down cycle. I cannot
tell at this point which it will be – it’s too early. However, I personally
think that given some of this up action dates back to July and August, we are
due for a respite. So, I think we will see a down cycle materialize in the next
couple of weeks. Remember, I am only speculating. Let’s see what the model will
tell us.
Good luck to
all.
SPECIAL
SECTION (under construction)
(How To) Grow $5,000 into $1 Million, Quickly
See how my trading is taking
shape – click the link below. Send me your feedback.
Click Here to Link to ‘My
Journey’
Stay Tuned. You
will get the opportunity to follow me as I embark on ‘my journey’ to grow $5
thousand dollars into One Million Dollars – Quickly.
The starting date
was initially set for Oct. 1, 2006. However, given the revised version of the
model (3.5) which I am trying to implement for all 15 issues, a more realistic
starting point is Nov. 1. I will announce the starting date one week in
advance.
I have decided to remove
the next day outlook. It is too much work for me to write. It detracts from the
analysis because you the reader do not see all the data. So, in an effort to
simplify the presentation, I am going back to the way it was – only focused on
the primary trend.
You should note that the tables that follow for some of the issues
will only be updated on weekends.
DIA Primary Direction: UP Started on
xx Days Remaining: 4
Starting
Price: xx Current Price: 123.36
Clear
Up Trend
Dow Industrials Fund (DIA) is in a
primary UP cycle. Beyond this cycle, the model sees turbulence in the up cycle.
Turbulence is that intermediate state that a cycle goes into when the issue
tries to sort out how to proceed. The length of the current up cycle is 4 days.
CLICK HERE --- to view the results for DIA as generated by the model (version 4.0) for 2006
SPY Primary Direction: UP Started on xx Days Remaining: 4
Starting
Price: xx Current Price: 140.40
Clear
Up Trend
S&P 500 Fund (SPY) is in a
primary UP cycle. The length of the cycle is now 4 days. However, after the
clear up trend finishes, turbulence will take hold but SPY will still be in up
mode. DIA is in an identical position. Stay tuned.
CLICK HERE --- to view the results for SPY as generated by the model (version 4.0) for 2006 [New]
QQQQ Primary
Direction:
UP Started on
xx Days Remaining: 2
Starting
Price: xx Current Price: 44.30
NASDAQ 100 Fund (QQQQ) is in a
primary UP cycle. After the 2 days remaining, there is turbulence at that
point, but it will not be a reversal. Stay tuned.
CLICK HERE --- to view the results for QQQQ as generated by the model (version 4.0) for 2006 [New]
OIH Primary
Direction:
UP Started on
Wednesday, November 15 Days Remaining: xx
Starting
Price: 140.82 Current Price: 135.76
Oil
Services Holders (OIH) is in a primary UP cycle but for the next couple of days
OIH is seeing turbulence. Yesterday I wrote: “The hourly model still has 2 days
remaining on the down side. Thus, a good buying point should be Friday
afternoon.” That was yesterday.
Today,
Thursday, we have because of the steep decline, the up side signal by the
hourly model has been pushed back by about 3 days. Stay tuned.
Keep watching.
CLICK HERE --- to view the results for OIH as generated by the model (version 4.0) for 2006 [New]
SMH Stay
Tuned.
IWM Stay Tuned.
OEX Primary Direction: UP
Started on xx
Days Remaining: 5
Starting Price: xx
Current Price: 651.06
Clear Up Trend
The
S&P 100 Index (OEX) is in a primary UP cycle. The length of the up cycle is
now 5 days. That is in line with other market averages.
CLICK HERE --- to view the results for OEX as generated by the model (version 4.0) for 2006
EWJ Stay Tuned.
XLF Stay Tuned.
AAPL Primary Direction: UP Started on
xx
Days Remaining: 7
Starting Price: xx
Current Price: 85.61
Apple
Computer (AAPL) is in a primary UP cycle for the next 7 days. The turbulence,
for now, is gone. You should note that AAPL resembles GOOG.
CLICK HERE --- to view the results for AAPL as generated by the model (version 4.0) for 2006 [New]
AKAM Primary Direction: DOWN Started on
Thursday, Nov 9
Days Remaining: 13
Starting Price: 48.02 Current Price: 49.20 Loss: 1.18
Clear Down Trend
Akamai
Technologies (AKAM) is now in a primary DOWN cycle. The cycle has 13 days of
length at this time. When this down cycle started at the close last Thursday,
AKAM had about 2 days of up side potential based on the hourly model. I was
long AKAM and I held that position. When the hourly model reversed on Tuesday,
I went short. Note that for the purpose of quantifying a move, I will use only
the results based on the daily model. For trading purposes, I am coupling both
the daily and hourly results.
CLICK HERE --- to
view the results for AKAM as generated by the model (version 4.0) for 2006 [New]
ET Stay
Tuned.
GOOG Primary Direction: UP Started on
xx
Days Remaining: 11
Starting Price: xx
Current Price: 495.90
Clear Up Trend
Google
(GOOG) is in a primary UP cycle according to version 4.0. You should note that AAPL resembles GOOG and
not vice versa. Stay tuned.
CLICK HERE --- to view the results for GOOG as generated by the model (version 4.0) for 2006
STX Primary Direction: DOWN Started on
Wednesday, November 1
Days Remaining: xx
Starting Price: 22.26
Current Price: 25.34 Loss:
3.08
Turbulence Days Remaining: 3
Seagate
Technologies (STX) is in a primary DOWN cycle with turbulence for 3 days and
then it will go into a primary down trend but with turbulence. On an hourly
basis, STX is pointing up but should reverse in a couple of days. When it does,
I may short STX. Stay tuned.
CLICK HERE --- to view the results for STX as generated by the model (version 4.0) for 2006 [New]
WMT Stay Tuned.
SPECIAL SECTION (under construction)
(How To) Grow Your
Wealth Quickly
and, after I complete my objective,
Anyone Can Make a Million Quickly
I have invested over the years but I’ve had
difficulty making a good return. In retrospect, I didn’t have the discipline or
a model to be ‘successful’. All this changed when I started to use a model of
price movements. It just so happens that I developed what I refer to as the
hybrid timing model which evaluates cyclic price movements in the financial
markets.
My past investment universe included stocks, options
and futures. Again, in retrospect, I could not succeed because I was not able
to get a handle on the time trends of the issues I was investing in. So about 7
years ago, I stopped my active investing strategy (except for a few buy and
hold stocks). During this time, I fiddled with mathematics to try to get a
handle on how short term moves occurred in the markets.
In early 2006 I came to the conclusion that the model
I had developed was of sufficient accuracy to be of value in the short term
investing arena. During the last 4 months I have been posting some of the real
time results from the model on this web site. I am very pleased with the
results. Recently, I started to invest (with real money) in some of the issues
I follow (in particular, the market barometers). I started with stocks (or
ETF’s) but I have now moved to options for my speculation funds.
I have set a target for myself. My objective is to
convert $5,000 into 1 million dollars in 2 years. Hence, the title of my work:
‘Grow Your Wealth Quickly’. My plan is to use options to carry this out. My
official starting point for this endeavor is Oct. 1, 2006 (revised to Nov.
1’06). I realize this is a lofty goal but I feel I am up to it. I will report
my progress on this site. It will be one heck of a show, in real time. You will
get to see with real money what can be accomplished with the model.
Based on what I have learned, I have concluded that
one needs to use options (or futures) to make money quickly (or to loose it
quickly). One problem with the simple buying of call and put options is that
this practice is a bit like buying lottery tickets. The odds are stacked against
the buyer. Investing in stocks is much safer but too slow for accumulating
wealth quickly. Thus, several conclusions I have made, regarding my speculative
funds, are:
1)
I will not invest in stocks,
2)
I will invest in options,
3)
I will focus on credit option spreads.
So what
are option spreads? Simply put, an option spread is a strategy (in its simplest
form) that involves 2 calls (or 2 puts). The investor buys 1 call and sells
short another call with a different strike price. For a credit spread, the
investor sells a more valuable option and buys a cheaper option for a net
credit to one’s account. This can be done with both calls and puts.
Let’s
consider the SPY ETF that mirrors the S&P500. I am writing this on Sunday,
July 30’06. Let’s consider the August 2006 contracts. Credit spreads can be
created with calls if you think the trend is down. Credit spreads for an up
market would be created with puts.
Consider
the following credit spread involving calls (down SPY trend):
Buy: August 129 SPY @
$1.10
Sell: August
127 SPY @ $2.35
The cash
SPY when these option prices were retrieved was $127.98.
In this
case you would be credited with $1.25 (less commissions). The maximum loss that
you can incur is $2.00. Thus, in initiating this spread, you would be required
to deposit $0.75 which would be coupled with the $1.25 credit for a total of
$2.00 (the maximum loss). The spread has an intrinsic value of $0.98. If by
expiration (in 3 weeks), the SPY has dropped to 127 (or lower), you pocket the
credit of $1.25 you received. If the SPY closes at expiration at 128, you get
to keep $0.25 of the $1.25 credit. If SPY closes at $129 (or higher), you give
back the $1.25 credit plus the $0.75 you deposited. The bottom line is that you
are risking $0.75 to have it become anywhere from zero to $2.00. If you are
good at identifying trends, you will be a winner.
Another
credit spread involving calls of SPY is:
Buy: August 130 SPY @
$0.70
Sell: August 128 SPY @
$1.65
This
spread would yield you a credit of $0.95. The intrinsic value of this spread is
zero. You would risk $1.05 to enter this spread. If the SPY remains unchanged
(or goes down) by expiration, you pocket the entire $0.95.
Why a
credit spread and not a debit spread. My simple answer at this point is because
of the eventuality that the market (SPY) reverses. Let’s assume the SPY has
just entered a down trend. You decide to sell the Aug 127 at $2.35 and buy the
Aug 129 at $1.10 for a credit of $1.25. The cash SPY is 128. Let’s further
assume you were right with the trend and 2 weeks later the SPY is at 127 (a
drop of 1). At that point in time, there may be an issue you will need to deal
with. Expiration may (for arguments sake) be 1 or 2 weeks away. You need to go
into a credit spread involving puts. So what does one do with the call spread.
With regards to the calls you can close the spread completely or you may buy
back the call you shorted (and hopefully you will be able to buy it with the
funds you received as credit). If you only buy the call you shorted, you would
be left holding the call you bought. If you are right about the reversal to the
up side, that call will increase in price. At the same time, you would
initialize a credit spread with puts.
A $1,000 investment if doubled ten times in a row would be
worth over 1 million dollars. Can it be done? Yes – maybe not 10 in a row, but…
What you need is to have a good handle on the trend. I plan to do it. This is
my Tour de France. Stay Tuned. Naturally, your comments are welcome.
To Be Continued….
MY MAILBAG
I have received some mail as
of Nov 4 which I would like to share with you.
Message #1:
Header: Read your site
Time: October 22, 2006 1:11:54 AM
Text:
My Reply to Message #1:
There is no
doubt that the model can handle futures just like it can handle stocks and
indices. I traded futures with a friend in the past (about 15 years or so ago).
You are right. Futures are a nice way to use the model. And yes, I have not
forgotten about doing so. The leverage is great. However, the catch is that you
don’t know how much you can lose. Things can move a bit too fast versus
options. In the future, I may get back into futures (like the S&P500), to
some degree. But, I do worry about the ‘margin’ calls.
+++++++++++++++++++++++++++++++++++
Message #2:
Header: Godspeed Professor!
Time: October 22, 2006 2:16:09 PM
Text:
My Reply to Message #2:
Your comments
are well stated. Thanks for sharing them. Even though I am in engineering and
not in a finance related field, I am using my engineering ‘skills’ and applying
them to the markets. I don’t consider that I am straying too far from my
profession. Regardless, there comes a point in time when one gets the urge to
try something else. I really enjoy what I do but I (like you) also feel that I
need to use my acquired knowledge to challenge the markets.
+++++++++++++++++++++++++++++++++++
Message #3:
Header: Re: Ready for Nov 1st?
Time: October 23, 2006 10:06:10 AM
Text:
My Reply to Message #3:
I have a
broker that has the software to place debit and credit spread orders as one
package. You enter a price for the spread. The order when executed is resolved
into the constituents – i.e. this was bought at x and this was sold short at y.
I do not use any stock as collateral.
+++++++++++++++++++++++++++++++++++
Message #4:
Header: 5K to 1M Journey
Time: October 23, 2006 10:20:43 PM
Text:
My Reply to Message #4:
Many thanks
for your message. I think you are going about investing in a good way. You need
to trade on paper first. Trading is not easy. There are many obstacles besides
getting the direction ‘correct’. Good luck.
+++++++++++++++++++++++++++++++++++
Message #5:
Header: options
Time: October 30, 2006 2:53:34 AM
Text:
My Reply to Message #5:
Hi Dave.
Unfortunately, I do not know what you are referring to when you mention gop,
xba etc.. Nonetheless, I certainly know
the feeling of losing. I have had losing streaks in the past. In fact, it is
the reason I began to apply mathematics to the field of investing.
Realistically, we know that even the ‘professionals’ have a tough time outdoing
the S&P500 for instance. Thus, beating the market is not an easy task. To
do it, one needs to have a significant edge. I consider my model as the edge.
However, I have not proven this to be the case. The future will tells us if I
do have a significant edge or if I am another one of those dreamers. Stay
tuned.
+++++++++++++++++++++++++++++++++++
Message #6:
Header: Leading the way to $1 million
Time: November 3, 2006 7:04:43 PM
Text:
My Reply to Message #6:
Many thanks
for your note. I enjoyed reading it. If you read my previous answer you will
see that I have yet to prove myself and my model. What I will do in the future
will depend on the outcome of my journey. At this time I have no plans for the
future except to show that the little guy can play the game with the best of
them and he/she can win.
+++++++++++++++++++++++++++++++++++
Forecasting
the markets is like forecasting the weather. Our knowledge base (I am referring
to mankind) is such that the only reliable forecasts are short term. Long term
forecasts for the weather or the markets are simply beyond our reach at this
time.
Remember
last year, the forecasters got caught up with the unusual number of hurricanes
we were having. As a result their forecasts for 2006 were worrisome to say the
least. We were told there would be as many and more. They weren’t forecasting,
they were simply extrapolating. Now as we approach the 1 year anniversary of
Katrina, we haven’t had any hurricanes to speak of.
Yes
there is Ernesto on the horizon, but as I write this, he doesn’t know whether
he should be a tropical storm or a hurricane. Try forecasting what will happen
in the next 3 days. It’s not easy, even for the pros.
As I said,
long term forecasting is beyond man’s capability at this time. Long term
forecasting of the markets parallels that of forecasting the weather. It cannot
be done with any degree of accuracy. It boils down to ‘A Random Walk Down Wall
Street’. These are my personal views.
So what
about short term forecasting? Well that is a different story. We can all agree
that short term forecasting of the weather is a reality. It is within man’s
grasp. Five or even ten day forecasts are generally quite accurate.
What I do is short term forecasting of the markets (without any detail). The model tracks the cyclic, short term trends and tells us what to look for. It assigns no magnitudes (not yet anyway). Remember, money management is equally important as the forecasting component. If you are careless and lose all your worth on a wrong move, then being right 80% of the time will amount to nothing. You need to be WISE. Good luck to all.
Announcement:
The following is an introduction as to what I am planning for the
near future.
There are several reasons why I am publishing this web site. Two
of them are: 1) to discipline myself when it comes to investing, and 2) to find
a viable, winning strategy for investing in options. My unofficial name for
this work is (How To) Grow Your Wealth Quickly. I will be using this
heading more frequently in the future and it will be the title of a book I will
write on the subject.
At this point, I am working on the ‘how to’ part of the program. I
have already formulated a preliminary strategy which I am testing with my own
money. The strategy is focused on options and more specifically the combination
of buying credit spreads and the buying of straight calls and puts. I won’t say
any more at this time besides stating that 90% of a winning strategy is
centered on getting the direction of the move right. Given that the model can
do this about 80% of the time, I am finding that being successful trading
options is viable and is, indeed, quite profitable.
Soon, I will write more about my progress and my plans. Stay
tuned.
Do you want to see past issues of this page? Click the link below.
Past Postings
of This Page – Click Here
Questions, Comments, Suggestions or whatever else you may fancy
are welcome. I can be reached
at:
engprof6@hotmail.com
Please Note This Disclaimer: The above results are generated from a mathematical model. It provides some insight into what may be expected in the short term (2 to 4 week cycles). While reliability is of highest importance, life is such that the model is not always correct. Neither is past performance necessarily indicative of future performance. Stocks, markets, and options can change greatly in value in short time spans because of unpredictable events. The model cannot foresee such events. When they happen, the model’s performance will be poor and in some cases - wrong. The user is advised to be cautious and to try to couple the results for individual stocks to those for the market averages.
One
last point I wish to emphasize. The accuracy of the model is also dependent on the
entity that is analyzed. Some entities are more amenable to the type of
analysis the hybrid timing engine
performs. Others (especially those with elevated volatilities and/or irregular
trading volumes) may not match the anticipated performance. It is up to you to
satisfy yourself that the performance is adequate and to draw your own
conclusions.
[[ Find Out About the Model – click ]]
[[ See Past Postings of This Page – Click
]]
Why Are There Events That Go AGAINST the Model? – Click Here
Interpretation of Signals - Click Here.
Find Out What Timing Did For AAPL
- Click Here
You may have noted that what I originally called a mathematical model is now called a hybrid timing engine. The term hybrid comes about because of the method of conducting the analyses. It combines several techniques into one package. The term engine refers to ‘computational’ engine – a terminology that is frequently used by researchers. Thus, the model will henceforth be referred to as the ‘hybrid timing engine’ or the ‘hybrid computation engine’.