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  • Developments In China Explain The End Of Gold's Rise  [View article]
    Is a GDP growth rate of 7% for China a realistic number over the next five years. And no significant inflation. Wow, a Goldilocks economy.
    Jan 30, 2013. 07:21 PM | Likes Like |Link to Comment
  • Intel: An Ample Reward Awaits The Patient Investor  [View article]
    Good article. Yes, Intel is a buy at this price level. And you get a 4.26% yield in a great company.
    Jan 23, 2013. 08:55 PM | 4 Likes Like |Link to Comment
  • A Volatility Play With Significant Upside Should We Go Off The Fiscal Cliff  [View article]
    The chart for VXX is real ugly - contango. Who has made money on this product in recent history playing a short-term long position directly or with calls?
    Dec 2, 2012. 04:58 PM | 3 Likes Like |Link to Comment
  • VXX: A Reverse Split Of Shares On This Volatility Product - What Does It Mean For You?  [View article]
    Yes, invest in the VXX for the short-term: very short-term. This is the king of reverse splits.
    Oct 8, 2012. 04:48 PM | Likes Like |Link to Comment
  • Dow Theory: Not Broken, Just Misunderstood  [View article]
    "The two averages must confirm each other" is only one of the basic principles of Dow Theory. All the principles are guidelines and not one of them is infallible.
    Oct 3, 2012. 10:07 AM | Likes Like |Link to Comment
  • Intel: There's Certainly A Bull Case  [View article]
    Excellent article and well researched. I trade based on the charts and at this time the charts are telling me not to invest in Intel. When I see a reversal pattern for the intermediate downtrend, I will gladly invest in this company.
    Oct 3, 2012. 09:37 AM | Likes Like |Link to Comment
  • A happy ending looks to be in store for Capstead Mortgage (CMO) investors today, as the stock moves into positive territory after earlier tumbling 7.5% in minutes for no apparent reason.  [View news story]
    Look at the 4 year chart for CMO. Similar drops on the chart including a major one in May, 2010. The candlestick pattern is called a hammer. Yes, the stock was hammered and bounced back.

    Someone on Seeking Alpha must be able to shed more light on the trading activity for CMO.
    Oct 3, 2012. 08:58 AM | Likes Like |Link to Comment
  • Where Has The QE Rally Gone?  [View article]
    It is called profit taking for the intermediate uptrend which started in June. Now the S&P Index must hold the support zone or there will be a retracement to around1,365.
    Sep 27, 2012. 10:12 AM | 4 Likes Like |Link to Comment
  • Crude Oil ETF Hits Extreme Low Reading, What Does This Mean Historically?  [View article]
    Could easily retrace the prior intermediate move all the way to $30.00
    Sep 26, 2012. 11:36 AM | 1 Like Like |Link to Comment
  • Off 75% YTD and trading below $10/share, the iPath S&P VIX ETN (VXX) will get a 1-for-4 reverse split on October 5, announces Barclays. Despite the price plunge steepening in past months, the ETN has managed to draw another $900M in AUM thus far in Q3.  [View news story]
    VXX needs to be labeled as "toxic for your portfolio". How many reverse splits for this dog?
    Sep 24, 2012. 06:42 PM | Likes Like |Link to Comment
  • Another bear gets carried out, as the S&P's close over 1450 has Bob Janjuah backing off his call for stocks to lose maybe 25% of their value by year's end. Tactically neutral at the moment, Janjuah says risk assets are in a bubble, and a weekly close below 1450 might have him short again with the modest target of 800.  [View news story]
    I closely monitor the TSX Index. Risk-on trades including metals, oils and Lifecos have done relatively nothing in the latest rally and are now turning over for the next near-term down leg. Take a look at the sad looking chart for the TSX Index. It gave up the excuse for a rally at 12,500
    Sep 24, 2012. 06:32 PM | Likes Like |Link to Comment
  • VIX ETN Hits All-Time Low, In Single Digits As Contango Deepens  [View article]
    I would not place my bets on VIX staying at 14.38 for too long. This is the bottom of the five year trading range. VIX is like a loaded spring and even a known-known like an attack on Iranian nuclear facilities would cause the VIX to surge.

    As for VXX. It is a dog as Richard so aptly describes.
    Sep 9, 2012. 07:48 PM | 1 Like Like |Link to Comment
  • Volatility Just Ain't What It Used To Be  [View article]
    Excellent article explaining the VIX. Any long position in the VXX fund has been a big loser.
    Jul 20, 2012. 10:15 AM | 2 Likes Like |Link to Comment
  • Copper Demand And The Importance Of China  [View article]
    Thanks for this post. I have the current support level for copper at $3.70/lb and the resistance level at $3.95/lb
    Apr 10, 2012. 09:46 AM | Likes Like |Link to Comment
  • Armour Residential REIT: An Attractive Buy Now  [View article]
    I already own CMO and AGNC.

    Thanks for your informative post.

    Apr 9, 2012. 06:47 PM | Likes Like |Link to Comment