Disqus - Latest Comments for chartsandcoffee

Re: In 2011 I Learned That… | The Reformed Broker

chartsandcoffee — Fri, 30 Dec 2011 14:44:24 -0000

We didn't have a lot of new material to work with.

Re: Momentum Has Me Speechless

chartsandcoffee — Fri, 05 Nov 2010 10:44:25 -0000

I'm surprised more people don't follow IBD and the 52 week high list (and low list during bearish times). The best stocks are on those lists and repeat offenders on them. As a trader, you are just left with the lofty task for separating out the duds from the good ones. Still, it is nice to have a list to start from. I haven't played with the StockTwits 50 yet, but I'm assuming this is the same concept with perhaps better filtering.

Now execution is also a huge part of the equation as we know. I bought NFLX 2 different times in the low 50s but was in just a touch too early and was stopped out. I was then promptly left in the dust for 100 points.

Re: http://www.thereformedbroker.com/2010/11/02/financial-blog-wars-2010/

chartsandcoffee — Wed, 03 Nov 2010 16:56:33 -0000

Thank you for the mention. I don't know how you churn out the creative ideas everyday. You know that you need to write books right?

Re: Android

chartsandcoffee — Thu, 28 Oct 2010 16:59:46 -0000

I've written a series of posts about why Apple is really a very very fragile company (http://www.chartsandcoffee..... I'm somewhat surprised that nobody else really sees it.

Fred hits on one of my points right here. The iPad and iPhone are going to be commoditized just like all electronic devices have been historically. Android is doing this and EVEN IF Android is an inferior device its price point will cause margin issues at Apple. We are in the early innings of smartphone mobile devices. Just because Apple won round 1 does not mean that they have a monopoly forever.

Re: Price Before Volume – Don’t Get It Twisted The Reformed Broker

chartsandcoffee — Sat, 18 Sep 2010 08:45:18 -0000

I've also questioned previously whether the current market structure even permits accurate volume measurement. Also, there is certain basic math that makes volume lower as price goes higher. People can afford less stock at $100 than $1. You need to have enough demand to trump that effect too.

Re: Insurance…Why Can't I Hedge my Health?

chartsandcoffee — Mon, 16 Aug 2010 16:02:54 -0000

You raise a good point about health insurance. First, many people out there talk about how happy they are with their coverage. But most people saying this are happy it covers pregnancy costs for their wife, prescription meds and a doctor's visit. All costs that are priced into your policy and non-catastrophic. I've heard very mixed stories from people that actually need the catastrophic insurance. I've heard stories of people battling with insurance companies while they are battling cancer. I've also heard positive stories of how the insurance company paid.

My point is that many of us are lucky enough not to have major health issues. But those of us that have been lucky really have no clue on how that coverage will perform for the big stuff. So the people voting in these polls stating they are happy with their coverage really don't know. Just like I don't know.

I also have concern for the entrepreneurs. If it is just you and perhaps a couple of employees, the insurance company doesn't really care about your business. On the other hand, if you are on the General Electric group plan they may not want to jerk around people and jeopardize losing the business if enough people complain.

I'm purely speculating, but I tend to think you have an edge if you are covered through a big employer even if you have the same exact coverage through your own policy just because of the lack of business leverage over the company as a small outfit (or solo policy).

Re: Google Analytics for VIDEO with Tubemogul

chartsandcoffee — Thu, 22 Jul 2010 16:52:03 -0000

Sounds like a no-brainer success. Your team must hope that it gets purchased by Google instead of pushed out by Google. That would be my sole concern. Hard to argue that it is not a needed product. Good luck.

Re: things the grandkids should know The Reformed Broker

chartsandcoffee — Fri, 16 Jul 2010 15:02:50 -0000

I'm looking forward to hearing about your new endeavor. You really are quite a talented writer. I don't read blogs much these days. But I always enjoy this one.

Re: Everyone Can Be A Radio Advertiser

chartsandcoffee — Sat, 26 Jun 2010 09:05:49 -0000

I think think Targetspot sounds like a very good idea. There are many micro businesses that use adsense as their only means of advertising. Other advertising forms are a little too complicated and too expensive. This really opens up another world for the little guy.

Re: If You Liked it at $60, You'll Love It At........

chartsandcoffee — Tue, 22 Jun 2010 14:07:45 -0000

The claims just keep piling up. I don't know how any fundamental analyst could even ballpark their worst case. Now we have Atlantic coast states making claims for damages to wildlife.

http://www.socialnews.biz/t...

At what point does the causation stop?

Re: Bang For Your Buck 2.0: Revised DATR (by Trade Flight Plan)

chartsandcoffee — Tue, 18 May 2010 18:43:52 -0000

Thanks for the tip. I imagine that will provide quite a boost even over the
google servers.

Re: Bang For Your Buck 2.0: Revised DATR (by Trade Flight Plan)

chartsandcoffee — Tue, 18 May 2010 18:13:34 -0000

They claim that they don't track it although I would assume that they do.
For me, I don't really care and the speed improvement is huge.

Re: Bang For Your Buck 2.0: Revised DATR (by Trade Flight Plan)

chartsandcoffee — Tue, 18 May 2010 17:49:58 -0000

I can't believe I had not heard about their OpenDNS service before. I feel
like I have found the holy grail today. You combine that with chrome and it
is just blazing. I felt bad posting this off-topic but it is such a good
find if people are not already using it that I had to share. Expect even
more comments on slope with the faster connections!

Re: Bang For Your Buck 2.0: Revised DATR (by Trade Flight Plan)

chartsandcoffee — Tue, 18 May 2010 17:41:15 -0000

Off-topic BUT if you are not using Google's openDNS service, take 2 minutes to read this post and 2 minutes to switch your DNS server to Google's server. Their service will give your internet connection a huge performance boost. If you are already using it, you know what I am talking about.

http://www.chartsandcoffee....

Re: Something for Bears to Remember (by Boston Wealth)

chartsandcoffee — Sun, 09 May 2010 23:21:49 -0000

you won't see me messing around with this thing.

Re: Something for Bears to Remember (by Boston Wealth)

chartsandcoffee — Sun, 09 May 2010 22:59:05 -0000

Despite the big move up coming tomorrow, I'm the most bearish I have been since February 2009. For those that follow my blog, you know I've been bullish over the past several months. So this is a major change in sentiment for me. Here are my thoughts on the coming week. You'll see that I consider last Thursday a highly significant day.

Four Reasons To Ride the Bench: China, Risk of Market Crash, Inability to Manage Risk and Too Early to Short - http://nune.ws/9On

Re: Soap Opera

chartsandcoffee — Thu, 06 May 2010 23:38:53 -0000

Kid Dynamite had a good post on this. He is a former trader and says there
would have been limits on sizing plus the warning screens. Citi story
doesn't make sense at all.

http://fridayinvegas.blogsp...

Re: Soap Opera

chartsandcoffee — Thu, 06 May 2010 22:55:49 -0000

Thank you all. For a bear, the market kind of showed its cards today as
being the same beast from 08 and early 09. The hard part will be the timing
and execution. Good night everyone.

Re: Soap Opera

chartsandcoffee — Thu, 06 May 2010 19:42:57 -0000

No clue how they sort that mess out. I can tell you that we'll always
remember today when we look at charts because it will be hard to miss that
long price bar. Hard to miss even on yearly charts.

Re: Soap Opera

chartsandcoffee — Thu, 06 May 2010 19:35:06 -0000

On a big day like today, I wanted to share my thoughts with slopers. In short the CNBC story has to be BS -
http://www.chartsandcoffee....

Re: Charts of the Day - Short Ideas (Harry Boxer)

chartsandcoffee — Thu, 06 May 2010 14:45:19 -0000

Today is Tim Knight's wet dream. Can slope handle the traffic today?

Re: I Always Feel Like, Somebody’s Watching Me The Reformed Broker

chartsandcoffee — Thu, 06 May 2010 10:36:25 -0000

Josh, I'll be curious how they could actually implement this. I had an idea to develop a website to do this over a year ago. But before I started programming, I had to come up with an algorithm to classify who is bullish, bearish or what other kind of categorization might be appropriate.

I quickly aborted the idea because there was certainly no mechanical way to send a bot around to determine if XYZ blogger is bullish or bearish. You really have to comb through recent posts most of the time to even make a subjective analysis. That is quite time consuming and as you conclude in your post it is often impossible. Moreover, different bloggers trade on different timeframes. I usually trade on weekly timeframes so I'm a little easier to pin down. But some trades change their sentiment daily. Good luck following that.

And when you are all done, I'm not sure it does you much good. Just as a matter of statistics, most traders are not very good. Most bloggers are not very good. Most professional traders are not very good. There is a select group that is good and the rest is noise. So if you take an aggregate representation of the masses, you get garbage back (garbage in, garbage out).

I think the greatest value of the blog world is for the newbie trader. You can learn a lot and after a few years you can start figuring out what works and what style works for you. Then you start teaching yourself. You get rid of the training wheels and can stop reading the trading blogs.

I'm speaking about trading blogs. There are blogs like yours which I read because you are a creative writer and I usually find your posts thought provoking and entertaining (but I digress, I would not call this a trading blog, but a financial blog). But generally, I don't read trading blogs anymore these days. I'm not trying to sound like a jerk, but I just don't take much away from it anymore. I'm better off trading alone as they say.

Re: 10 Chartists To Follow Chart.ly Blog

chartsandcoffee — Wed, 05 May 2010 17:48:33 -0000

Thank for the list. I have only checked out a few of these names.

Re: SocialNews.biz - A Reader Of Financial News | Visit socialnews.biz

chartsandcoffee — Wed, 05 May 2010 12:12:18 -0000

A bookmarklet is available for Firefox. We should have bookmarklets available for other browsers shortly.

Re: HOW TO: Cultivate Your Brand’s Super Users

chartsandcoffee — Tue, 04 May 2010 13:27:00 -0000

I think this is why they sometimes say that web startups should not write business plans. You sometimes need to focus on things that cannot be put on a spreadsheet but just have the instinct that it will payoff. On our new start up Socialnews.biz, we take this approach. We are genuine in wanting to engage with our readers and even early on we're seeing it payoff. We fostered relationships with a few users that worked at hedge funds. We taught them how to get the most out of the site. Then you start seeing their co-workers using the site. That is when it gets exciting. You see people making your site part of their morning routine and passing it onto friends.

Getting the support of your power users is a great strategy and a rewarding one.