pitaking

A Trend-Follower Positions for 2009

True that 2X and 3X ETF's don't match overall performance, but as David says, they are great in trend following markets. When the trend emerges they are the play.

Tuesday Outlook: Commodities, Emerging Markets

The view has been negative because the charts have been negative, David helped alot of traders to see the coming drop a year ago with unbiased and easy to read work, when the market changes from bull to bear, I'm sure the sentiment will follow but you rarely win trading with hope over charts. Keep up the good work.

Wednesday Outlook: Commodities, Emerging Markets

Gabe, there is no way we see 20K on the dow any time in the near future. I'm playing this from the long side for a Obama/Santa rally but it will be a bear market rally and nothing more. Buy your oversold's this week but don't fall in love yet, this won't be some crazy V reversal.
Disclosure LVS, ACI, X, FCX

Tuesday Outlook: Commodities, Emerging Markets

David, how does today's move effect the Demark indicator?

Wednesday Outlook: Commodities, Emerging Markets

FXP is the double short of FXI, it's had a HUGE run over the last couple of weeks, very voitile but you can catch some nice trades.

Tuesday Outlook: Commodities, Emerging Markets

David, I love the fact you don't force opinions on your readers unlike alot of other writers and talking heads, how about the FXP for a future chart?

Thursday Outlook: Commodities, Emerging Markets

Gabe, you've called the bottom more than Cramer this year. 2 months ago we were primed for the rally of a lifetime but we sit in the same spot today with a strong chance we break the recent lows. Before we rally, we are going much lower. The money is in the double short etf's buy FXP, EEV, SDS, SMN, DZZ, DUG ect and you can sleep well at night.

Tuesday Outlook: Commodities, Emerging Markets

Thanks again David, always good stuff.

Friday Outlook: Commodities, Emerging Markets

David, thanks for the post as always. This feels like a bear market rally based on oil and a few financials beating very low expectations and although the short term trend is up, I still think the Dow is 10,000 by September. The geopolitical issues related to oil haven't gone away this week, guidance has been weak from a wide range of companies and bear markets almost never end at a 20-24% drop, it's always into the 30% range. Just because cnbc is touting a financial rally or the vix "touching" 30 doesn't mean that we have the all clear. I'm looking for V and MA in the short term to rally into earnings and then I'll revisit my SDS and DXD in a few weeks.

Wednesday Outlook: Bulls Storm In

Gabe, can we call your rally dead?

Wednesday Outlook: Bulls Storm In

Gabe, you are crazy. How would an implosion in Europe and emerging markets signal record rally? This market is still going lower, it's a good oppertunity to add to your SDS, DXD ect...Love the charts, this is the best thing on this site.