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I use 2 short EMAs and 2 longer SMAs. Here's some info on MAs:
http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:moving_averages
My charts span 4 times the number of days of the longer SMA.
Mornin' catch22,
As to where money will travel to next, 6 of my short-term portfolio of 8 ETFs were in an uptrend, and recently are more so. They are: XLY, XLP, QQQ, RTH, SMH, and XLK. So I would say consumer- and tech-related funds. I guess that's…
"Looking to get back into oil e&p if and when get sense that price of crude has stopped falling. Has it?"
Maybe it has. Two indicators on my plot of $WTIC on StockCharts.com flipped to long as of COB 11/21.
Can we apply the L/S approach to indexing? I think so, but by using a Long/Inverse approach. One can use technical and/or fundamental analysis to decide when to switch between ETF pairs varying from DIA/DOG, SPY/SH, IJH/MYY to IYR/REK, GLD/DGZ, USO/…
Hi expatsp,
I don't claim to know technical analysis, but I do use it. However, if you just plot the daily closing price of a representative oil or energy security for the last 2 months, I think you will see that the downward sloping curve shows no…
There are a couple of Warren Buffett quotes on the topic. One is: "Diversification is protection against ignorance. It makes little sense if you know what you are doing." Then there's the kinder, gentler one: "Wide diversification is only required w…
Here's an article on active versus passive fund investing:
http://news.morningstar.com/articlenet/HtmlTemplate/PrintArticle.htm?time=133710660
Well, that cut and paste didn't work for me. Sorry.
Old_Skeet, thanks for posting that. Maybe I'll get a chance to use some of these ETFs and ETNs: DOG, EFZ, EUM, MYY, PSQ, RWM, SEF, SH, VXX, and VXZ (all up today, 7/7).
If you used to pay 60 cents for 6 ounces of something, it cost you 10 cents per ounce. If you now pay 60 cents for 4 ounces of the same thing, that's 15 cents per ounce. Isn't that a 50% increase, rather than 33% ?
Reply to mrdarcey: I suggest the Chart School at StockCharts.com:
http://stockcharts.com/school/doku.php?id=chart_school
but I'm prepared to be shot down.
bee, it is a subscription service that our regional library provides for up to 2 users at a time. The first time I used it (from home), I used the URL provided by the library and had to enter the numbers on the back of my library card. With the serv…
Reply to bnath001:
Hi nath,
I suggest that you include following the Short Takes blog along with your meditations.
http://ciovaccocapital.com/wordpress/index.php/stock-market-us/bubble-talk-rarely-if-ever-coincides-with-major-top-in-stocks/
Ton…
Reply to JoeNoEskimo: Hi Joe, I think that OBIOX made it all back in percentage terms in 2009 (up about 61%), but if it had been down only 50% in 2008, it would have required a gain of 100% to make it all back in 2009.
Catch, this agrees with your paragraph "How are you gauging the markets?" in your first post:
http://ibankcoin.com/chessnwine/2012/06/03/theyll-get-you-eventually/
For myself, in my charting, I'm trying to: not focus on each day's price, by plott…
Reply to catch22:
Catch,
The linking didn't work for me. If you want to look at some charts that I think make sense, I recommend The dk Report. It is ranked no. 9 in the Public ChartList on StockCharts.com.
Tony
Reply to catch22:
Hi Catch,
I cited the recent performance of ADX and SAR as a way to indicate that the trend was becoming more negative, not that they are superior to other overlays/indicators. I use their StockCharts default values. They do sup…