I've quite enjoyed watching the market flush out the cringe influencers on YouTube and Twitter; there might need to be some more blood to get rid of them completely. I hope there will be more people making great analytical content like this instead. Great read.
The old plan used the 130-day moving average as the top of the buying zone, 200-week moving average as the bottom.
New plan uses an extrapolation from the Mayer Multiple, which is itself an extrapolation from the 200-week moving average. This gives a more dynamic range that's more conservative and responsive to market conditions. I retained the 130-day moving average as an option bc when the market runs, the new plan misses some good buying opportunities along the way (at the risk of buying too high on the way down).
I've quite enjoyed watching the market flush out the cringe influencers on YouTube and Twitter; there might need to be some more blood to get rid of them completely. I hope there will be more people making great analytical content like this instead. Great read.
Yea I could go for fewer open mouth thumbnails, too. Appreciate the nice words, I need those nowadays. I guess we all do!
What's the difference between the old plan and the new plan? Switch to Mayer Multiple?
The old plan used the 130-day moving average as the top of the buying zone, 200-week moving average as the bottom.
New plan uses an extrapolation from the Mayer Multiple, which is itself an extrapolation from the 200-week moving average. This gives a more dynamic range that's more conservative and responsive to market conditions. I retained the 130-day moving average as an option bc when the market runs, the new plan misses some good buying opportunities along the way (at the risk of buying too high on the way down).