Seeking Alpha

Allan Harris

 
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  • Past Performance Is Not An Indicator Of Future Results [View article]
    Powerball.
    Aug 27 02:25 PM | Likes Like |Link to Comment
  • Mobileye Shares Rally After Obama Administration Announces New ADAS Initiatives [View article]
    Imagine if you were the cutting edge manufacturer of another, "high tech," innovation, seat belts - in 1965, three years before the U.S. Motor Vehicle Safety Standards made seat belts mandatory in all vehicles. You took your company public and it immediately ran up to what at that time seemed like an insane valuation. Three years later Congress passes a law that demonstrably saves thousands of lives a year. Now every car maker in the country (soon to be world) is knocking at your door.

    Grossly oversimplified, but that's how I see MBLY...as well as grossly undervalued. As long as the stock price is rising, I wouldn't sweat traditional fundamental valuations or metrics. The investment here is in the future, and as we have all seen from the past, the future is inevitable.

    http://seekingalpha.co...
    Aug 26 07:09 PM | Likes Like |Link to Comment
  • VXX Short-Term Trading System [View instapost]
    I always trade the monthly calls, those that expire on the third Friday of each month. The simpler the strategy, the easier the system is to implement. Angst about what expiration and what strike price is unnecessary so long as your signals are working.
    Aug 26 12:22 PM | Likes Like |Link to Comment
  • VXX Short-Term Trading System [View instapost]
    It's extremely rare for a signal to last more than 2 weeks, let alone 4-6 weeks. That's why I use "next month" ATM options. Generally the longer a trade, the more profitable as the trend is extending, so in any case where the system is holding a call or put into expiration, it's going to be extremely profitable.
    As for the clarification on which strike price to buy, with VXX closing today at 27.40, if Long I would buy the Sep $27 calls and if Short I would be in the Sep $28 puts.
    Aug 25 07:11 PM | Likes Like |Link to Comment
  • VXX Short-Term Trading System [View instapost]
    1. The members of my service will get the signal in real time, and I'll likely put up the updated chart, but delayed for a day or two, in the free public charts area of allantrends.com;

    2. This one rule will make all of your short-term option trading a lot less complicated: Buy the At-The-Money option for the NEXT month. In other words, if a Buy signal were triggered today (Aug 25th) with VXX at 27.45, I would buy the Sep $27 calls.
    Aug 25 01:46 PM | Likes Like |Link to Comment
  • New Options Trading System Signals (CAGR Over 500%??) [View instapost]
    VXX is on a Sell signal from August 11th. Although trading options on the Sells have been profitable, the REAL money will be made when (and if) the market goes through a 20% or more bear market. Outstanding gains from near-term calls will be made (been there, done that). We are treading water, but when the bears take control, the fireworks begin. Patience.

    http://seekingalpha.co...
    Aug 25 12:23 PM | Likes Like |Link to Comment
  • Update: Tekmira Clinical Hold Lifted [View article]
    http://bit.ly/1oX5WHb
    Aug 11 10:16 AM | Likes Like |Link to Comment
  • Seeking Alpha Strikes A Victory For Free Speech [View article]
    "I believe," that anonymous authors lack integrity, credibility and character. "It seems to us," that applauding a boorish coward reeks from the depravity of vacuous dolts. Go ahead, sue me, make my day .
    Jul 7 01:42 PM | 3 Likes Like |Link to Comment
  • 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]
    QP,

    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."

    A
    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. 

    http://seekingalpha.co...
    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:

    http://seekingalpha.co...
    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:

    http://seekingalpha.co...-ssys
    Dec 29 04:00 PM | Likes Like |Link to Comment
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