I received an interesting e-mail the other day that sheds some light on the current state of investor psychology. He writes, “I hear from a hedge fund and analyst friend that most major cycle work tops out from this coming week thru April and [he says] it’s ... Read More
Tag: Timeandcycles
07
Mar2010
Last Week- Markets were up 3.1%This Week- BULL% stands pat at 33%- BEAR% getting scared and declined a tad to 50%- And amidst a rising trend, the BEAR% decided to wait for short entries and moved to NEUTRAL% camp that nearly doubled from last week- Perhaps a pause in up ... Read More
March 7, 2010chanakya
28
Feb2010
Last Week- Markets were down -0.42%This Week- BULL% and NEUTRAL% fell, and the gains went to BEAR%, emboldening BEAR% to the levels seen at the January top during the week of 1/18/10- Bearish week?
February 28, 2010chanakya
28
Feb2010
- February was up +2.9% consistent with increasing longer term BULL%, the strongest gains since November 2009- BULL% still sits at new highs since September 2009 lows- BEAR% gave up a bit and move to the NEUTRAL% camp for the month of March 2010
February 28, 2010chanakya
28
Feb2010
think this is the most common question asked by new users of the software: "can your program forecast/outperform the stock market consistently, with some significant accuracy, let say, 60-70%?". I always feel myself uncomfortable when facing this question. This feeling comes not because the program does not do something of ... Read More
February 28, 2010chanakya
23
Feb2010
What a difference a month makes! It was only a month ago a leading financial publication came out with the story, "U.S. economy still hemorrhaging jobs despite stimulus." The press was all over the employment data and concluded that the stimulus had utterly failed. They were of ... Read More
February 23, 2010chanakya
21
Feb2010
Last Week- Markets were up 3.13%This Week- BULL% fell slightly, with NEUTRAL% holding steady, the gains went to BEAR%- No specific call, except that the numbers are so close to last week, we may have a repeat action with a Bearish bias in the first part of the week, and ... Read More
February 21, 2010chanakya
15
Feb2010
Last Week
- Markets were up 0.87% holding 2/5/10 lows but with multiple retests
This Week
- BULL% rising steadily
- NEUTRAL% went to BULL% as well with BEAR% holding constant at 37-38%
- BULL% is moving to new highs in 6 months, while the markets are sitting near the 2/5/10 lows - is a ... Read More
February 15, 2010chanakya
12
Feb2010
In a recent issue of Barron’s addressed the question of silver possibly having another outperformance in the coming year. The article asks, “Will the poor man’s gold shine in 2010?” The opinion piece (“Gold Isn’t All That Glitters,” by Allen Sykora) drew attention to the other white ... Read More
February 12, 2010chanakya
06
Feb2010
Last Week
- Markets were down, net -0.72% in a wild week with 3 way action typically associated with trend reversals. We scooted higher over 1100, cascaded down to 1044, and finished essentially unchanged from last week, with a Bullish Hammer reversal on Friday.
This Week
- This wild action probably made 24% ... Read More
February 6, 2010chanakya