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David Fry » Comments » EWZ

  • Tuesday Outlook: Commodities, Global Markets [View article]
    The low volume is because just a few are playing, then trades get crowded/overbought, and then some bad news stampedes everyone to the exits creating heavier volume. And repeat.......and repeat....and repeat..........
    Nov 10 09:44 am |Rating: +4 0 |Link to Comment
  • Friday Outlook: Commodities, Global Markets [View article]
    Our hosting service is down and therefore so is our website.
    Nov 06 09:22 am |Rating: 0 0 |Link to Comment
  • Tuesday Outlook: Commodities, Global Markets [View article]
    bluebare, sometimes they do you a favor. I usually wait 15 minutes after the opening to make trades just to let things settle some. "Most" of the time that works out better.
    Nov 03 11:57 am |Rating: +3 0 |Link to Comment
  • Thursday Outlook: Commodities, Global Markets [View article]
    FJ PENNEY, I write this column to give you, as the footnote states:

    The charts and comments are only the author’s view of market activity and aren’t recommendations to buy or sell any security. Market sectors and related ETFs are selected based on his opinion as to their importance in providing the viewer a comprehensive summary of market conditions for the featured period. Chart annotations aren’t predictive of any future market action rather they only demonstrate the author’s opinion as to a range of possibilities going forward. More detailed information, including actionable alerts, are available to subscribers at etfdigest.com.

    There is no intention to make predictions since as ETF Digest Sacred Cow IX (a quote from economist Edgar Fielder) "If you must forcast, forecast often".

    Getting the rally we're having today is hardly a surprise given how oversold things had become on the McClellan Oscillator. It's pretty accurate (meaning not perfect) in making these calls from the levels of yesterday.
    Oct 29 10:38 am |Rating: +11 0 |Link to Comment
  • Wednesday Outlook: Commodities, Global Markets [View article]
    The McClellan Oscillator is an "ultra" short-term indicator. It's useful in timing entries for example or just a picture of "current" current conditions.

    No one should use it in isolation.
    Oct 28 09:38 am |Rating: +3 0 |Link to Comment
  • Tuesday Outlook: Commodities, Global Markets [View article]
    DeMark weekly counts are at a 7 count. We need two more weeks to get a 9 count if in fact it occurs.

    And, all you arsonists out there, I was just kidding about burning down the excess housing inventory. Well...maybe the mortgage holders would consider it--then the taxpayers would bail them and the insurance companies out. Then we could lend money to the homebuilders to rebuild them.

    It's what we do!
    Oct 27 09:41 am |Rating: +3 0 |Link to Comment
  • Friday Outlook: Commodities, Global Markets [View article]
    One of the frustrations currently is how many market sectors are in the same trend separated only by beta or degree.

    I suppose doing this is becoming somewhat boring since searching the globe for uncorrelated sectors is becoming impossible. This is due primarily to low yields driving more risk taking making for a global trend.

    We could get away with posting three charts probably and achieve the same thing as we do with 30 or 40 believe it or not. It's just the way things are presently. Eventually this will change.
    Oct 23 11:02 am |Rating: +3 0 |Link to Comment
  • Thursday Outlook: Commodities, Global Markets [View article]
    Andrew: Don't think so much! Just kiddin'!
    Oct 22 12:45 pm |Rating: 0 0 |Link to Comment
  • Thursday Outlook: Commodities, Global Markets [View article]
    I don't write the headlines at Seeking Alpha. It's something they do. Sometimes I agree with it and other times not. I put my own headline and image up. One would think that's sufficient.

    Just one man's opinion.
    Oct 22 08:58 am |Rating: +2 0 |Link to Comment
  • Wednesday Outlook: Commodities, Global Markets [View article]
    yesterday the market should have gapped higher but did the opposite. today the preopen suggested a gap lower but we were higher.

    so, as you say, "having absolutely no conviction" is probably the way to watch and trade this spectacle. this is the essence of technical and systematic trading. tune out the noise and follow the tape.

    i have an attitude clearly, but that's just for fun. if i had to trade my attitude i'd be broke.
    Oct 21 10:24 am |Rating: +4 0 |Link to Comment
  • Tuesday Outlook: Commodities, Emerging Markets [View article]
    We forget sometimes that we're dealing with a socialist government when it comes to Brazil. Yeah, yeah, I know...then there's the US.
    Oct 20 14:16 pm |Rating: +4 0 |Link to Comment
  • Tuesday Outlook: Commodities, Emerging Markets [View article]
    today's a strange day with selling on PPI which is really weird.
    Oct 20 11:10 am |Rating: +1 0 |Link to Comment
  • Thursday Outlook: Commodities, Global Markets [View article]
    GS earnings were, as predicted, based overwhelmingly on trading. Your tax dollars at work.
    Oct 15 11:42 am |Rating: +3 0 |Link to Comment
  • Friday Outlook: Commodities, Global Markets [View article]
    The Fryguy is free to spout off in the comment section right?
    Oct 09 11:07 am |Rating: +26 -3 |Link to Comment
  • Friday Outlook: Commodities, Global Markets [View article]
    Meanwhile, back to the markets:

    A reader explains the SPY candle at issue is a "bearish abandoned baby". You may research this at investopedia if you wish or put in your own views/comments/interpr...

    I thank the reader nevertheless.
    Oct 09 10:13 am |Rating: +7 -1 |Link to Comment
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