Tweet This isn’t my long term system for when to be long or short, but some use this really easy to follow exponential moving average system to determine what side of the market to be on. A simple 50ema average crossing of the 200ema has been very reliable although very slow to catch the direction of the […]

23
May

Tweet clipped from www.financialsense.com FICTION: Though sporadic, the U.S. economy will continue to improve.? FACT: The U.S. is headed for a currency crisis. FICTION: You can count on the mainstream financial media for unbiased information.? FACT: They’re lying to you. FICTION: The housing market is improving. FACT: Would you like to buy a bridge in […]

23
May

Tweet A good friend asked me to review Dell as a long trade and I thought I’d share my opinion with all of you. The logic of the trade is sound as it’s a play on a short term bounce after the markets have suffered extreme damage on the technical side. He is also basing […]

Tweet While today doesn’t scream bottom, I opted to pick up some shares of QLD near the close for the following reasons: Yesterday’s downside volume reeks of capitulation on some scale. Many positive divergences on multiple timeframes, including on the RSI below. Ability to reclaim it’s 200dma after today’s opening sell off. It was a hard […]