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    SharePlanner Reversal Indicator

    For the bulls, the sell-off since the July highs is a  lot worse than the way it looks on paper. Every bounce that we’ve seen to date (and there have been plenty of them) has given the bulls reason for hope that the market would emerge out of the chaos, to buy back in, and

    By |Published On: October 1, 2011|2 min read|

  • SharePlanner Reversal Indicator

    Never a good sign for the equity markets after the kind of week we're coming off of, with the SharePlanner Reversal Indicator still pointing straight up and nearing a short-term extreme. Further selling this week, will have this indicator pointing straight down and a visit to -600 territory on the indicator yet again. To say the

    By |Published On: September 24, 2011|2 min read|
  • xlf Financials

    Quick Glimpse At The Market Intradays And What It Suggests

    Quick look at the intraday action and the resistance level that I am ‘eye-ballin’ across the board in XLF and major indices. I’ve bought some TNA this morning, which I may come to later regret – but as you can see from the resistance we are trying to push through below, I think there

    By |Published On: September 23, 2011|1 min read|
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    Market Wrap 9/22/11

    No doubt a rough time for for the bulls out there today, as we saw a sell-off that we haven’t seen since….well….last month. We broke through the bear flag that we all had been watching with extreme interest and unsure whether it would ever confirm. But today it did confirm, and the market today,

    By |Published On: September 22, 2011|1 min read|

  • My Sentiments in One Thousand Words.

    By |Published On: September 21, 2011|0 min read|
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    SharePlanner Reversal Indicator

    The market defied the odds last week, after a weak Sunday night Futures open, the S&P managed to ramp up off of those lows for five straight days. A feat that hadn’t been accomplished since 7/1. With that being said, there is some resistance looming on the indicator, and while I like to see the

    By |Published On: September 17, 2011|2 min read|

  • Guest Post: Mister-r-r-r-r-r Andersen…..

    Time for me to stop raging against the machine and join them.  Trend following isn't about looking at the news and fundamentals like the sun and saying that it isn't there.  Because The Powers That Be will NOT allow markets to fall unless it would benefit themselves in one way or another.  And right now,

    By |Published On: September 15, 2011|1 min read|
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    Market Wrap-Up 9/12

    Quite the day in the market today, and I’m fairly happy that I chose to cover all my short positions as I wanted to avoid a scenario like we saw last Tuesday/Wednesday, where the market bounced off of its intra-day lows and rallied like the Coyote on an an ACME rocket. Based on futures after

    By |Published On: September 12, 2011|0 min read|

  • Stating the Obvious

    Just to state the obvious of what we are seeing technically on the S&P.  For the first time in this sell off we are finally seeing the market trade in a definable pattern.  What we are seeing is a bear flag being formed.  This hints at further downside ahead of us as we will

    By |Published On: September 11, 2011|1 min read|
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    SharePlanner Reversal Indicator

    Pretty horrid way to the end the week considering what we got out of it on Tuesday with the huge intraday reversal, and the rip-roaring tear on Wednesday. But the jeepers started creeping back in ahead of the Obama speech on Thursday, and the creepers came about with Greek default jitters (say that a few

    By |Published On: September 10, 2011|2 min read|