Niner

Down Fridays

just answered my own question. Only 2/29/2008 could have been the last trading day and the next Monday was down .06%... Very inconclusive.........

Down Fridays

Tho Dow ended the day just 6 points below the 50 period MA. That's close enough for me to say it is sitting on support. Nasdaq and SP 500 both crashed through their 50 period MAs. Both however ended the day in areas of support. Based on all this information I'm going to amend the statement of the guy on PBS to. Some stocks will go up and some will go down.

I'm wondering how many of those Fridays were the last trading day of the month. If I were a betting man, I'd bet the Mutual Funds were dumping. But, in no way was this the only reason for the drop.

Analysts at Most Bullish Level in Two Years

You're missing the point. It is one thing to have company A to have a positive revision: but, when positive revisions are 16% greater than negative revisions, something is up.


On Oct 07 06:02 PM Wildebeest wrote:

Are Strategists Now Bearish for the Rest of the Year?

What the heck guys. I'll call 1240. That's based on the reverse head and shoulders pattern that has formed in both the S&P and the Dow weekly charts..............

Interest in Leveraged ETFs Waning?

My online brokerage adds an additional 65% to the current 35% margin maintenance requirements for the 3x ETFs and an additional 40% to 2x ETFs. Technically you can do your own leveraging by using your margin account to buy 3 times the amount of XLF as FAS. One thing I like about the 3x and 2x ETFs is; I don't like to hold them overnight and definitely not over the weekend. I'm afraid if I leverage a regular ETF I won't be as cautious. As far as I'm concerned the 3x and 2x ETFs are great daytrading vehicles. But, I can live without them.

Economy Might Suffer, But That Won't Prevent a Stock Rally

"stocks are oversold" NYMO indicates they are, at least short term. Ok, just crossing into oversold territory.


On Aug 12 05:41 AM Maxe Paul wrote:

> "I think that we are going to have a huge bull market next several
> years"
>
> "stocks are oversold"
>
> And if we can finish with one of your openning quotes, " I was wrong"

Market Cycles: A Look at the Historical Evidence

I feel "out of my league" here. I really enjoyed the article and the quality comments(unlike the comments in the regular blog).

Market Cycles: A Look at the Historical Evidence

Yes he had a point. Many people can't see the forest for the trees. Or, perhaps in this case they can't see the trees for the forest.

Many investors become so concerned with the big picture they fail to see smaller positive opprotunities within the larger negative trend. Little cycles inside bigger cycles.

I don't care if the current up trend is a dead cat bounce, a suckers rally or the beginning of a new bull. It has been a very profitable cycle within a cycle.

On Aug 06 01:41 PM whidbey wrote:

> Did you have a point?
>
> Cycles are useless or in any case determine little or nothing? <br/>
>
> We, the unwashed, are happy that you are happy, but your review of
> cycles leads only the fact that you have your preferences and you
> follow them.
>
> Too much public naval watching for most of us.

Was August 6 the Stock Market Top for 2009?

July to Aug 6 has been really good to me. As for Aug 6 being the top, I'm going to be a big chicken and wait for the unemployment data Aug 7 before I call anything. But, as for Aug 6 being the high for the year, I think it is possible but not probable. A pullback to 97.5 or even 95 wouldn't surprise me though.

If we get good (ie less bad) unemployment data today, we could break out of this sideways action at +/-100.

Why Is Congress Reinstating the Uptick Rule?

Let's have free traffic. We'll take the all the speed limit signs, stop signs all signs down. After all free traffic is efficient, and all these unnecessay restrictions restrict traffics free and natural flow.

Yeah Right!On Apr 10 08:57 AM Johnathan Vrozos wrote:

> This is wrong. The politicians are bowing to public pressure by doing
> this. Our economy was built on FREE MARKET principles, leave it alone.
> If someone get's drunk on Vodka and kills himself, why blame the
> Vodka?

Shorting to Take Advantage of Overbought Market

Oh by the way.......I'm white and I tend to vote for the most part republican.


> This is a free country and you are afforded the right of free speech.
> And, I shall defend your right to free speech for fear that if you
> are censored, one day I too will be censored.
>
> But, I very much despise your racial overtones in describing President
> Elect Obama.
>
>

Shorting to Take Advantage of Overbought Market

This is a free country and you are afforded the right of free speech. And, I shall defend your right to free speech for fear that if you are censored, one day I too will be censored.

But, I very much despise your racial overtones in describing President Elect Obama.

Better Days in Store for 2009

Awright.........

I agree with Tom.

Good article.

No future bashing, no past bashing. Just a straight forward presentation of some facts.

More Proof the Bear Rally Is Over

Zach,

If you draw your top trend line from the Nov 14th high, you have an ascending traingle. Which is bullish!

All you chartists out there, which is it?

Looking for Hope

This mess is a fitting legacy for the worst President ever.

What King of France got beheaded for financially ruining his country?