FF23 Spreadsheet Link

Hello and welcome to my blog.

The spreadsheet link for FF23 is below. This is not a recommendation to buy or sell any of the stocks listed. Due diligence is your responsibility. If you need professional investment advice then find a professional.

Like one of the days last week some very mixed signals. A large number of orange down alerts offset by an equally large number of up early signals. Again a question of who is the stronger of the two. Last time the down alerts won the battle. This time, as always, do not know the outcome. To make a guess, I think down. It takes buying to move stocks up, while they can fall on their own weight.

The Dow sits in the middle of the middle. 9000-8100=900. Middle at 8550. 8550-8100=450. Middle 8550-225=8325. May see a hold at this level, plus one of those little Japanesee decision things on the chart today. This is all just fun with numbers and will wait to see what reality brings.

I mentioned the Darvas Box yesterday and have decided to pursue it. Yep, more work. Have to pull the bus tool kit out and see what I can come up with. Of course the bus is still moving.

I will have to examine the MetaStock formulas for Darvas available on the net so I am not just using something because it is there. Two versions are presented. I will probably modify them so that the day trigger counts are a little different. This modification is based on this article:
http://www.moneybags.com.au/article.asp?id=331&a=0 and it is well worth the read.

Darvas Box, along with all other systems, is not a magic formula. It is simply a tool or guide. I do think that using it in conjunction with the other indicators I have will be a huge bonus. Any future signals from the stuff I already use will have to be confirmed by the Box.

I will post a couple of charts once things get sorted out. The last couple of days have been spent just going over the charts and signals to see if the Box stuff made sense. On enough occasions it made a lot of sense. Time to go, the bus is making some bad noises.

Thank you for your time.

http://spreadsheets.google.com/pub?key=rbmqKgOar4K5TctBRb7xPkw&single=true&gid=0&output=html