notanewmember Posted October 9, 2013 Author Report Share Posted October 9, 2013 This page has some pictures from the past: http://www.businessinsider.com/old-wall-street-tech-2013-3?op=1 Ticker tape on the day of the stock market crash 29th October 1929. People in the past had price and volume to work on - reading the tape was a skill. Link to comment Share on other sites More sharing options...
notanewmember Posted October 10, 2013 Author Report Share Posted October 10, 2013 NCR which will be our next Jesse Livermore trade, has backed off from the $40 area, and closed at $38.64. Link to comment Share on other sites More sharing options...
notanewmember Posted October 15, 2013 Author Report Share Posted October 15, 2013 Jesse Livermore, although a stock trader, says to buy on new highs. Bad news for property bears; http://www.bbc.co.uk/news/business-24533059 UK house prices have risen to a record level, according to the Office for National Statistics (ONS). In August, the ONS's house price index stood at 185.8, surpassing its previous peak of 185.5 in January 2008. The average price of a house or flat in the UK is now £247,000, the ONS said, the highest figure since the index was first calculated in 1968. --- OK - transactions are at low volumes. But if prices are high during a recession/depression, what the heck are they going to do during a boom? Link to comment Share on other sites More sharing options...
notanewmember Posted October 18, 2013 Author Report Share Posted October 18, 2013 All time high alert. I like the look of GOOGLE. $1000 a clear potential pivotal point. If it can clear that significantly, that would be a nice entry point but volume has been falling, so I would not risk at lot on this probe - E1030 S980 DYOR. Link to comment Share on other sites More sharing options...
notanewmember Posted October 19, 2013 Author Report Share Posted October 19, 2013 Google closed at $1011 on high volume. I don't get the data till after the close. Normal volume has been about 10m shares per week. This week, 20m shares have been traded. Link to comment Share on other sites More sharing options...
drbubb Posted October 22, 2013 Report Share Posted October 22, 2013 All time high alert. I like the look of GOOGLE. $1000 a clear potential pivotal point. If it can clear that significantly, that would be a nice entry point but volume has been falling, so I would not risk at lot on this probe - E1030 S980 DYOR. Good call ! GOOG: 1,003.30 : chart Link to comment Share on other sites More sharing options...
notanewmember Posted October 22, 2013 Author Report Share Posted October 22, 2013 All time high alert. I like the look of GOOGLE. $1000 a clear potential pivotal point. If it can clear that significantly, that would be a nice entry point but volume has been falling, so I would not risk at lot on this probe - E1030 S980 DYOR. 1003 would be a pretty tight entry - maybe have 998 as a stop (daily close). But for those people will a more slower pedestrian unleveraged pace, wait for a weekly close above 1030, and stop 980, target 1130 BUT DO YOUR OWN RESEARCH EVERYONE! Link to comment Share on other sites More sharing options...
drbubb Posted October 23, 2013 Report Share Posted October 23, 2013 998 is much better IMHO - just below the round number Link to comment Share on other sites More sharing options...
notanewmember Posted October 24, 2013 Author Report Share Posted October 24, 2013 Google at $1031 and as a "sister indicator", the NASDAQ is also making new two year highs. Jesse Livermore always used two measures to get buy signals. If it can close above 1030 today, that would be a nice little signal, and even better on a Friday weekly close. Google is "sky net" - rise of the machines! Link to comment Share on other sites More sharing options...
notanewmember Posted October 27, 2013 Author Report Share Posted October 27, 2013 I might use NCR corporation as a sister stock for Google. It has backed off the $40 area markedly, giving us a clear signal to wait. Google has not given us a clear buy signal by clearing the $1000 significantly. I am waiting for a weekly close above 1030. "Google is Cheap" according to a recent Moneyweek article http://moneyweek.com/share-tips-buy-google-stock-cheap-at-usd1000/ Link to comment Share on other sites More sharing options...
notanewmember Posted November 6, 2013 Author Report Share Posted November 6, 2013 Google $1021 Google still hasn't cleared properly in my mind the 1000 area properly. Still waiting on 1030+ weekly close. Link to comment Share on other sites More sharing options...
notanewmember Posted November 15, 2013 Author Report Share Posted November 15, 2013 Google $1034 weekly close. This would be a buy a signal! Link to comment Share on other sites More sharing options...
notanewmember Posted November 25, 2013 Author Report Share Posted November 25, 2013 Now moving comfortably away - crucial to wait past $1000. $1052. Link to comment Share on other sites More sharing options...
notanewmember Posted December 23, 2013 Author Report Share Posted December 23, 2013 Now. $1114.50 Now we appear to be crossing a minor pivotal point, a minor round number - the 1110 level. If it can close above 1113, then we can raise our stop to the 1080 and pyramid. Do your own research. Link to comment Share on other sites More sharing options...
notanewmember Posted February 9, 2014 Author Report Share Posted February 9, 2014 Google, Well it took a while, here we are at $1,177. Link to comment Share on other sites More sharing options...
jerpy Posted February 9, 2014 Report Share Posted February 9, 2014 Google, Well it took a while, here we are at $1,177. Got there by virtue of being dragged up in a bull market maybe? Or too simplistic? Link to comment Share on other sites More sharing options...
notanewmember Posted February 9, 2014 Author Report Share Posted February 9, 2014 It might be the start of a bigger move, but I don't know, only time will tell. Link to comment Share on other sites More sharing options...
Traineeinvestor Posted February 20, 2014 Report Share Posted February 20, 2014 Some quotes from Jesse Livermore posted today: http://www.ritholtz.com/blog/2014/02/nine-surprising-things-jesse-livermore-said/ Nothing new, but a nice reminder. Link to comment Share on other sites More sharing options...
notanewmember Posted February 20, 2014 Author Report Share Posted February 20, 2014 Good stuff, Jesse is a trading legend. I made these videos, they're getting old now, and I forgot to add them to this scrap book..... http://www.youtube.com/watch?v=voTMFU-7Ulc http://www.youtube.com/watch?v=JoEYNoGaUSE From Trainee Investor's link; 1. “Money is made by sitting, not trading.” 2. “It takes time to make money.” 3. “It was never my thinking that made the big money for me, it always was sitting.” Google is up to $1203 after some time elapsing. I am looking for Google to clear the 1200 level properly so I can raise my stop and look to pyramid - will this play out?! Only time will tell, patience...! Link to comment Share on other sites More sharing options...
notanewmember Posted April 5, 2014 Author Report Share Posted April 5, 2014 OK Google had a stock split - by two. Why? They want to keep the price down to allow more small investors to buy in (but the new shares don't have the same voting rights, so the founders keep more control). So for every share, you get another one, except all shares are halved in value. Recent News item link So if we had a probe entry; E1030 S980 DYOR as quoted here. ---- So our experimental Jesse Livermore trade is like this so far -> Our shares have now doubled in quantity and the entry price becomes $515, and our stop is $480. The current Google price is $543, so we are now targeting the $600 area. So is Google the new Microsoft? Look at how many stock splits Microsoft underwent before the dotcom crash in 2000 to keep the share price down. News item in 1999, why Microsoft did the split LINK Is history repeating? Are we in a new dotcom/IPO mania? JustEat.com floated for some £1.5bn - 100 Crazy P/E ratio last week !!! Microsoft chart https://www.google.co.uk/finance?q=microsoft&ei=jzdAU5jaCcmXwQOOcA Additionally, this recent split is Google's FIRST stock split. LINK Link to comment Share on other sites More sharing options...
notanewmember Posted April 11, 2014 Author Report Share Posted April 11, 2014 https://www.youtube.com/watch?v=_RUhnL63TbQ A special show about Jesse Livermore, The World's Greatest Stock Trader. We talk briefly about his life, his books, books about him and documentaries about him. We try to deduce his system of trading, using Pivotal Points. Link to comment Share on other sites More sharing options...
jerpy Posted April 17, 2014 Report Share Posted April 17, 2014 Mentioned James Montier following your comments on the Jess thread elsewhere. Given Livermore principles evolve around market psychology a fair bit, I thought Montier was worth a mention being more modern day, makes some thought provoking observations. His little book provides a flavour. Link to comment Share on other sites More sharing options...
notanewmember Posted May 22, 2014 Author Report Share Posted May 22, 2014 The Jesse Livermore video has become the top video result on Youtube, something I didn't expect. It must be a function of the number of new views over time, that moves the videos up the Youtube search engine. I am thinking of doing a follow up video - is there anyone who would like me to put in something that they might want to see in it? I've got some ideas, but I'll need this bank holiday weekend to prepare the slides; - Apply his trading rules to some recent charts; commodity boom in 2007 - Mining and commodity company charts in 2007 - Finish the Key Price chart Link to comment Share on other sites More sharing options...
notanewmember Posted July 23, 2014 Author Report Share Posted July 23, 2014 The current Google price is $543, so we are now targeting the $600 area. Now coming up to the $600 area, at $594 Link to comment Share on other sites More sharing options...
peterschwarz Posted August 25, 2014 Report Share Posted August 25, 2014 hi commander. do you know if there is anything like bigcharts for european and asian markets? that splits everthing into industries and best performing charts? i cant find anything. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.