These charts illustrate graphically how I try and position myself when investing. Constantly ask yourself what is the easy trade. What is everybody else doing and try and figure out what stage that particular trend is in. clipped from www.financialsense.com The Effective investor gets nervous as the price rises and interested when the price drops [...]
Last weekend I posted the short sale ratio indicator which pointed out that the public was heavily short and the specialists weren’t quite a bearish. What this could potentially signal is a short squeeze could ensue very shortly. It was dead on to the tune of a 945 (11.29%) point rally in the Dow for [...]
I have to give props to Ben over at The Financial Ninja for finding this video as it is absolutely hysterical how Art Laffer mocks Peter Schiff. If this bear market/credit crisis has done one thing, it’s exposed who really knows how economies work and who hasn’t got a clue (*cough, Kramer, Art Laffer). It’s [...]
This is the question that everybody wants to know the answer to these days. Now that the markets have “tested the lows” is it off to the races now? I’m going to play devil’s advocate here and go against all this new found optimism that seems to be all over the news. I’m not a [...]
That’s my reaction to what transpired over the course of today. Coming into the open I felt like a continuation from yesterday’s irrational exuberance may take the markets temporarily higher and then the bubble would pop, sending the markets lower. I was really hoping for a big gap up to take out the rest of [...]
Today was a classic example of how bear markets can cause you to make mistakes even when you’re right. Let me elaborate and I hope that everyone can learn from my error. Coming into this week I was very bullish on the short term for a number of reasons I’ve blogged about here, feeling that [...]
The .Beta watchlist has been updated with bullish ultrashort ETF’s. These charts look to be setting up to run higher, which is yet another reason to be bearish on the markets in the short term. .Beta Watchlist Courtesy of Rickydavid
Today’s action reminds me of the old saying that “Close only counts in horseshoe’s and hand grenades.”It was a day of lost opportunity for myself personally and for the markets in general. They had a chance to make a stand in spite of all the negativity that was going on in the foreign markets around [...]
Traffic has surged here as of late and I’m sure it has to do with lots of people being very nervous about what is going to happen in the markets this week searching out others views on the markets. I myself did a lot of surfing this weekend and I have to say that those [...]
7yr Chart Nikkei We shouldn’t really be complaining about how the Dow has been performing when you start looking at some of the overseas markets. What a brutal bear market, 18300 all the way down to 7649 in 16 months. Hopefully the Nikkei can find some support around the 7600 level, which would be the [...]