Posted by 25 January 2006

More on Trendlines

Chad left the following comment on my earlier post about drawing trendlines: I’m somewhat confused with your chart and I’m wondering if you can help me understand your methodology better. With that chart, why wouldn’t the trendline be drawn from your start point, to the dip that occurred back at the end of November? That [...]

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Posted by 25 January 2006

Forbes Best of the Web: Investing Blogs

Forbes has just posted this year’s Best of the Web: Investing Blog list. Congrats to Bill Cara, the hardest working man in the blogosphere, for getting the top spot. And thanks to Matt Rand for keeping me on the list

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Posted by 25 January 2006

Watchlist for January 25, 2006

It’s feeling like the movie ‘Groundhog Day’ to me. We’re gapping up again and for the second day in a row the QQQQ is bumping up against the previous day’s highs in the pre-market. Given that stocks are so focused on oil right now do be aware of the oil inventory report that hits at [...]

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Posted by 25 January 2006

Drawing Trendlines

Technicator.net has a post which makes the case that the major indices are still technically healthy. The article has charts of the indices which support the author’s claim but I have a serious issue with the S&P 500 chart. Specifically I have an issue with the way that the current trendline is drawn. Here’s how [...]

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Posted by 24 January 2006

January 24, 2006 Stock Market Recap

We had another choppy day today. The stock market is back to its old tricks from *way back* in 2005 when it just traded opposite of oil. I hated that action then and I still hate it now. But what are you gonna do? Although the indices ended higher the action over the last two [...]

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