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Allan Harris

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  • Nuvilex (NVLX) On A Tear [View instapost]
    It's not me, it's an Elliott Wave target projected through the mathematical relationship of the measured waves shown on the chart.
    Feb 27 12:01 PM | Likes Like |Link to Comment
  • Leverage Silver Nearing A Buy Signal [View instapost]

    So long as AGQ is above it's trend-reversal line, it is a buy. More importantly, SLV is also above it's trend-reversal line and therefore silver is long. I trade AGQ as a surrogate for SLV signals, thus it would take SLV breaking down through it's trend line for me to reverse short AGQ.

    In other words, with credit deserved to Johnny Cash, "I trade the line."

    Feb 24 09:33 AM | Likes Like |Link to Comment
  • Should You 'Invest' In AGQ, USLV, Or Any Other Leveraged ETF? [View article]
    Why assume buying and then holding AGQ at the highs? What about shorting AGQ at around those highs? Note on the AGQ chart posted at the link below, a simple trend following system would have had you do just that, shorting AGQ near it's May, 2011 highs near $700 and holding short all the way down to about $150 in August, 2012. Also note that the preceding trade, a buy in September, 2010 that ran from $117 to $695, a gain of about 500% in less than nine months.
    In other words, identifying trends in any time frame, including very long term time frames, allows even the most conservative of investors to avoid holding anything that exhibits such catastrophic losses, while providing an opportunity to profit from being on the other side of those trades. Every trader's capital loss is another trader's capital gain.
    Feb 23 03:06 PM | Likes Like |Link to Comment
  • Stellar Biotechnologies (OTC: SBOTF) (TSX-V: KLH) [View instapost]
    Thank you. Trend remains up, stay weekly charts.
    Jan 7 03:50 PM | Likes Like |Link to Comment
  • Facebook (FB) Short Term Trading Model [View instapost]
    When prices breaks above the trend regression channel.
    Jan 7 03:48 PM | Likes Like |Link to Comment
  • MannKind Corporation: One Large Step For Shareholders, One Gigantic Step For Diabetics [View article]
    Re: Charts are only advantageous in hindsight...

    Hindsight can tell us a lot about the future. A trend in motion tends to stay in motion. For MNKD, the trend is up:
    Jan 7 03:45 PM | Likes Like |Link to Comment
  • Stratasys: My Favorite Pick For 2014 [View article]
    Long and intermediate term trends are outstanding:
    Dec 29 04:00 PM | Likes Like |Link to Comment
  • Summertime, Interest Rates And Market Crashes [View article]
    You're absolutely spot-on, correlations are just that, correlations. If I thought that they did predict the future, I would have titled the article, "Run for the Hills, We're Going to Crash." Then again, YELP has a market value of $3.3 billion on revenues of $100 million. Just saying.....
    Aug 6 02:12 PM | Likes Like |Link to Comment
  • Cellceutix And Kevetrin Aligning With The Pharmacyclics Growth Curve [View article]
    Let's assume by some incredible series of events, CTIX has a product on Walgreen's shelves in December that cures most forms of cancer, but, it's stock price is languishing, lower then today, lower then it was last December. In that set of purely hypothetical circumstances, I would still consider CTIX my 2013 Stock of the Year.
    Jul 11 04:09 PM | 1 Like Like |Link to Comment
  • Tesla Q2 Preview: Huge Upside Potential For Results And Guidance [View article]
    Name that chart: TSLA or QCOM?
    Jun 6 06:02 PM | 1 Like Like |Link to Comment
  • Are First Solar's Thin-Film Panels Falling Behind? [View article]
    Seems that you can just trade the trend in these solar stocks, they tend to have large wins and small losses, minimum of whipsaws. Was very fortunate to be on Long side of this move:
    Apr 9 03:35 PM | Likes Like |Link to Comment
  • First Solar Announces Full-Year 2013 Financial Guidance [View article]
    FSLR: Grand Slam Home Run.
    Apr 9 02:53 PM | Likes Like |Link to Comment
  • Why This Bull Will Probably Keep Running For At Least Another Year [View article]

    Why Everyone Should Take The Next Market Sell Signal
    Apr 3 10:08 PM | Likes Like |Link to Comment
  • 5 Commodity Stocks Moving On News [View article]
    For my take on GPOR:
    Mar 29 07:19 PM | Likes Like |Link to Comment
  • How To Avoid The Worst Style ETFs [View article]
    DAL has doubled in price in the past six months. During the same time period, UAL has risen about 50%. These are significantly better returns than XTN, the SPDR for the Transportation sector. The art of stock picking seems to have been mostly discarded with the advent of sector ETF's, with a commensurate reduction in returns.
    Mar 28 01:50 PM | Likes Like |Link to Comment