“Nobody makes money in a true bear market, not even the bears“ | The action this week got me thinking that I need to write a Duru-like missive on shorting. But since I don’t have a Ph.D you’ll just have to suffer through the following rant which I’ll try to keep relatively short. Yesterday Howard [...]
Posted by 5 March 2007
March 5, 2007 Stock Market Recap
Sellers ruled again today. They closed the market on its lows for the second straight session and left every sector & index in the red once again. The last five sessions have showcased some impressive selling. The bulls haven’t been able to hold the Dow, Nasdaq or S&P 500 above their lower Bollinger Bands for [...]
Posted by 29 March 2005
Time to Whip Out T2108
Worden has an indicator called T2108 which plots the percentage of stocks above their 40-day moving averages. In effect it works as an overbought/oversold indicator for the market. This is an indicator that Duru and I like to check when we get strong moves in the market. I was just instant messaging with him about [...]
Posted by 14 December 2004
Facts and Myths of Misunderstood Stochastics
I’m still working my way through the November issue of SFO magazine. There’s a very good article by Nina Cooper in that issue about one of my favorite indicators – stochastic: “Facts and Myths of Misunderstood Stochastics” [(free) subscription required] It covers a lot of info about stochastic but the crux of the article is [...]
Posted by 29 May 2004
