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.

Stocks, Bonds, Commodities and Currencies: My Predictions for 2009

We might see a 5-6 month rally in stocks to S&P 1000 but I don't see any chance of a new bull market by the end of year. Housing is still in the early stages of crashing around the world, unemployment and recession are just beginning to ramp and earnings will be in free fall. We are still firmly in a bear market and we don't base until S&P 400-600 range.

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.

Tuesday Outlook: Commodities, Emerging Markets

David, I like the minimized amount of personal opinion, all successful traders need to make their own decisions based on the info available, not what 99% of the talking heads try to force down our throats. 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?

Don't Be Fooled - Inflation is Coming

I actually agree with the scenario, deflation followed by hyper inflation but we are a ways away, 2010ish

Why Oil and Gold Are Headed Much Higher

I believe this prediction will come through, but not for several years. We will see further deflation before a serious jump in inflation. The fed will create a super spike in commodities when the questionable dollar rally ends but this will take time, 2010-2011 seems more realistic than anytime in the near future.

Charts of the Day: Gold, and Baltic Dry Index

I've never understood gold bugs and I never will, it is clearly going lower despite the thousands of posts claiming the surge is at hand. If it can't go higher in this environment than it's not going higher going forward. It was 1050ish around bear sterns, meaning it should have been 1300-1500 during this crash, but it's done nothing but drop. My DZZ was a great trade this week and I remain a gold short until the 700 level.

Countdown of Manipulated Gold Price Running Out

The play on gold right now is short. The euro is so weak that the dollar will gain even with the Fed's printing press and there is no inflation now or in the near future. We are in a hugely deflationary period and the price of gold will follow that trend.
Disclosure, Long DZZ(double short)

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.

Predicting the Bottom in Gold

DZZ is still working, wait until the ETF's have to start liquidating.....