Wait for the parameters to be met
10 hours ago
The TSI Trader offers technical analysis of the stock market, gold and selected mining stocks using the True Strength Index (TSI). The True Strength Index is a sophisticated 'low-lag time' momentum indicator. Projected earnings of mining company stocks are provided weekly by Bill Matlack's Metals and Mining Analysts' Ratings and Estimates report published at Kitco and are used to highlight some mining stocks for study.
Hi John, well i have been tinkering with the tsi. I see you have as well. Good job.
ReplyDeleteThe tsi is being refered to on SMT blog every now and then. Would you be willing to use gold as a real time teaching tool? Perhaps post gold with the tsi, 2 or 3 times a week. Then comment on the tsi development.
We all like gold and watching the tsi develop its moves and signals would be more educational.
Well its just a thought, i know you are very busy. Keep up the great work
I am still a novice at the TSI and wanted to ask you if I am correctly seeing a Trend Line Break on the 4hr TVIX chart?
ReplyDeleteAlso thanks for posting the 20 shorts, I went through each on TOS as homework to gain a better understanding of the techniques.
-Aaron
Hi again John,
ReplyDeleteThanks for the quick analysis!
I read a seeking alpha article that might make sense. The idea is that general fear of China industry, paranoia, and institutional dumping of shares in a smaller cap company have destroyed the share price.
http://seekingalpha.com/article/279636-everything-you-could-possibly-want-to-know-about-shengkai-innovations
Its funny the commenters turn on the author pretty quickly when the stock really starts to tank.
Guy (guy.richards@usask.ca)
John good job of getting in and out on this one. It crashed today. Some scary stuff out there!
ReplyDeleteGoogle Finance today (2/17) says P/E is 0.54, P/B 0.20 ... yow.
ReplyDelete