Steve Erickson

ETF Update: Is There Really Strength In Coal?

Five quick things:

1. Re "The blinders of selective perception and confirmation bias lead everyone's fundamental analysis to conclusions that are difficult to budge."... very well said.

2. I agree that, on an end-of-week basis, KOL is a buy. It threw that signal on Friday, 11/28, on my weekly model. However, it's about the same price today as it was then.

3. On a daily basis, per my model, KOL threw a 'caution' on 11/18, and a 'sell' on 11/19 (an UP day).

4. Is there some reason, in addition to the three inverse funds, that you don't include at least three bond ETFs? They've been screaming lately, over everything else.

5. I couldn't help but notice that both of you're two "closed trades since last update" were losers... if you buy/sell at the open.

Regards,

Steve
TheEricksonReport@gmai...

ETF Update: Is There Really Strength In Coal?

Five quick things:

1. Re "The blinders of selective perception and confirmation bias lead everyone's fundamental analysis to conclusions that are difficult to budge."... very well said.

2. I agree that, on an end-of-week basis, KOL is a buy. It threw that signal on Friday, 11/28, on my weekly model. However, it's about the same price today as it was then.

3. On a daily basis, per my model, KOL threw a 'caution' on 11/18, and a 'sell' on 11/19 (an UP day).

4. Is there some reason, in addition to the three inverse funds, that you don't include at least three bond ETFs? They've been screaming lately, over everything else.

5. I couldn't help but notice that both of you're two "closed trades since last update" were losers... if you buy/sell at the open.

Regards,

Steve
TheEricksonReport@gmai...