Comments on: SPY Pivot Points for October 31

By: Phantasmix

Phantasmix — Fri, 31 Oct 2008 23:30:44 +0000

Well it’s the only method I knew, and it works, so I use it. Better than throwing a dart 🙂

Will compare the numbers using your formula.

By: R

Fri, 31 Oct 2008 22:36:59 +0000

Thank you for translating “H/L/C” to me.

I meant that we have 3 methods of P calculating:
1)P=(H+L+C)/3
2)P=(H+L+O)/3
3)P=(H+L+C+O)/4.

So, why did you prefer that method?

By: Phantasmix

Phantasmix — Fri, 31 Oct 2008 20:46:10 +0000

R.,
R1 = (H+L+C) * 2 – low
R2 = (H+L+C) + (R1 – S1)
S1 = (H+L+C) * 2 – high
S2 = (H+L+C) – (R1 – S1)

H+L+C = high+low+close

I’ll post Excel file in a minute.

By: R

Fri, 31 Oct 2008 20:28:10 +0000

What method of pivot calculating do you use exactly?

By: Phantasmix

Phantasmix — Fri, 31 Oct 2008 20:28:02 +0000

Romulus,
careful with the ashes, it’s a fire hazard.

“recycle the aroma” *snort*

I was long all day, bought some to hold over the weekend (LVS and ABK). Still have long EEV and short FSLR but I made peace with them.

Stay tuned for my monthly P&L recap. Many more trades this month, and the true Win Rate is emerging.

By: Mr Romulus

Mr Romulus — Fri, 31 Oct 2008 19:41:40 +0000

Kat,

The juxtaposition of Mars’ orbit through & under under Saturns loop, mixed with a fine tobacco, smoked in a fine leather armchair to recycle the aroma, we go higher next week.

smoke rings
Mr Romulus