We have moved!

Commenting

Please visit our new blog at: http://blog.smartmoneytrackerpremium.com to read the latest posts and to comment.

Tuesday, June 14, 2011

Another portfolio change

Another portfolio change has been posted to the website.

152 comments:

  1. SPY Closed above the gapfill, bullish short term, but any ways here a speculation chart ( short term ) on SPY 10MIN;

    i have no position!

    http://screencast.com/t/FqHGtehrpa2o

    ReplyDelete
  2. Ryan, from the prior thread, I doubled up my EUO (and SLV puts) on that last dollar dive. Will unload them today as it was just a day trade hoping for a snap-back.

    ReplyDelete
  3. Edwin,

    What is your theory driving your long S&P please?

    ReplyDelete
  4. Gary, does this relieve the McClellan graph that was concerning you? Also, are you less concerned about rephasing the cycle now?

    ReplyDelete
  5. We would probably have to break thru the 65 day moving average to even consider re-phasing. While it's not impossible, I'd say it's rather unlikely seeing as how the rest of the markets fit into the current scenario pretty well.

    ReplyDelete
  6. Poly
    did you jump in to DUG today?

    I have a stop at 29, my break even now is probably like 29.35 ish, being I added today.

    In your opinion should would you move the stop down to 28.50?

    ReplyDelete
  7. This comment has been removed by the author.

    ReplyDelete
  8. DG/Haggerty,

    Any particular reason you guys are not trading DTO (pure oil play) and prefer DUG.

    ReplyDelete
  9. If we were to discount 6/2 as a daily cycle low for gold, yesterday would have been Day 27 by my count. That's still within the normal timing band, though a shorter cycle following the long one that topped at $1575 would make more sense.

    But is it possible we had a daily cycle low yesterday? Look at the downtrend line starting from late last week - it appears we broke up through it today.

    ReplyDelete
  10. Bear market rally is a thing of beauty. 1310 would be nice if we get there later on this week.

    ReplyDelete
  11. Thanks for the update CMT and Michael. I think I'll just sit tight for a bit and probably not add.

    ReplyDelete
  12. Must say gold and silver rebound is pretty weak considering how much they've fallen the past week and the dollar being red today.

    ReplyDelete
  13. Felix,
    you are looking for guarantees in a bear market. There just aren't any.

    Bear markets are tough. The safest play is to just sit in cash until it looks like the gold cycle has bottomed.

    ReplyDelete
  14. Harry,
    The reason I think June 2 marked a cycle low is that I don't think gold will be able to resist a rising dollar this late in the cycle. If that's the case then it's more likely that gold will drop for the duration of the dollar rally.

    ReplyDelete
  15. Haggerty,

    To best of my understanding, both DUG and DTO are 2 X leveraged.

    DUG tracks oil & gas, while DTO tracks oil only (which may be preferred at this point in time).

    DTO's volume is less than DUG's volume though, but it still has the critical mass.

    ReplyDelete
  16. sophia -

    what's driving the long play. sentiment. too many short players.

    big picture though, the best chance of going short will be best middle of august imho. i doubt the stock market can extend cycle into an intermediate low.

    for gold middle of july into it's intermediate low.

    ReplyDelete
  17. From Stewart Thompson's 123gold article today: Morgan Stanley has the greatest track record in the world for calling stock market tops, with their phenomenal “triple sell signal”.
    MS sees the current stock market downturn as a “pause” in the uptrend, not a “crash alert”.

    ReplyDelete
  18. I feel all commodities will go down including gas during this dollar rally.
    Your right btw it is not more leveraged

    ReplyDelete
  19. Thanks Edwin for sharing your thoughts...

    ReplyDelete
  20. RYAN

    F.W.I.W. I think EUO is fine here. I own it and it looks like it is dropping down on really light volume to fill that gap at $16.80.

    on your 3month chart with a 10sma...it is sitting right on the 10sma, I would even add more if it went to $16.80 if i wanted more and it continued down on light volume. It is in harmony with the dollar, which also shows strength.

    UUP has the same chart and look at the miniscule volume on that pullback.

    ReplyDelete
  21. Alex,
    Thanks for the reassurance and helping me learn, really appreciate it. I see it now and will think about adding if it gets there.

    ReplyDelete
  22. Thanks, Gary. Thought I'd try playing devil's advocate. If we do go with 6/2 as the daily cycle low, is it safe to assume this is now an officially failed daily cycle? I know you won't short gold but...

    Also copper is now up 3% so yes I will call that a spike and demand an explanation ;)

    Welcome back, btw, hope you're not too jet lagged. I'm flying back to the US on Friday (12 hour difference from Shanghai) and should start adjusting now!

    ReplyDelete
  23. Edwin,
    The current intermediate cycle is due to bottom in the middle of July. Waiting till then to go short will probably just get one caught in a monster bear market rally. Especially since I think the Fed will be ready to run QE3 at that point.

    ReplyDelete
  24. Copper has been in a down trend since Feb. The rally today hasn't even broken the pattern of lower lows and lower highs. So at this point I would just call it a normal bear market rally.

    ReplyDelete
  25. Gary-
    Isn't a failed intermediate cycle the same as a Dow sell signal? Both have to move below the prior intermediate low of 1241.

    ReplyDelete
  26. Unless one thinks the Fed is going to seamlessly transition into QE3 (which they have clearly said they would not do) then it's pretty clear the dollar has bottomed and that the dollar rally has a long way to go yet.

    That will drive a deflationary period exactly like it did last year. So I wouldn't be real comfortable long anything at this point.

    ReplyDelete
  27. Mike,
    They are as long as the transports follow the industrials.

    ReplyDelete
  28. gary

    shouldn't this be the opportunity to initiate new short positions, rather than ditching short positions?

    ReplyDelete
  29. Not,
    Did you look at the latest post to the website?

    ReplyDelete
  30. Gary-
    The transports setup is perfect. Made small new all-time highs only to fail. TRANS also bottomed a day before SPX in March. It looks like they are the leading indicator here.

    ReplyDelete
  31. The transports would also have to break below their March low to trigger a Dow theory sell signal.

    ReplyDelete
  32. UPDATE 10 MIN spy: http://screencast.com/t/6RQc13yh

    ReplyDelete
  33. The weekly copper chart is not without bull flag possibilities and is resting on multi-year support. Could just be a backtest of the $4 breakout.

    http://www.finviz.com/futures_charts.ashx?t=HG&p=w1

    ReplyDelete
  34. thanks Gann, Great charts...

    ReplyDelete
  35. Gary good to see you up and about..I hope you and the gang had a great trip!

    You mentioned that a left translated cycle at this late in the game is really a death strike to a bull stock market....

    Is this a probable event using logic, or is this a statistical occurrence with cycles, or something else?

    Thanks!

    ReplyDelete
  36. Crazy ride, here's an Update on GLD Gold daily chart:

    http://screencast.com/t/9BGT4CHl

    ReplyDelete
  37. whether this is bare market rally or not, I kind of see why shorting is so difficult

    these rallies are vicious

    ReplyDelete
  38. Possible 2day silver Channel :
    http://screencast.com/t/Ve7LNFIPNGhD

    ReplyDelete
  39. SLV intraday 5 minute chart overbought,
    GLD as well.
    Expect a small drop for both, possibly shortly.

    ReplyDelete
  40. Not doing much today but I'm sure the SPY almost 1$ gap up was noticed by all..?

    ReplyDelete
  41. This comment has been removed by the author.

    ReplyDelete
  42. Gann,

    On the Gold futures daily chart the lower trendline drawn from the jan 28 low doesnt show today as a retest, today we are actually sitting right on top of that trendline still.

    ReplyDelete
  43. This comment has been removed by the author.

    ReplyDelete
  44. Gann,

    Take a look at a weekly chart, Gold breaks below the 10sma at every intermediate cycle and finds its low at the 30sma.

    ReplyDelete
  45. Bought some more DGP this morning. The dollar will be going DOWN another leg into the high 60s by the end of July, IMO, and gold will be over $1700 by then.

    I'm 100% long DGP and NUGT.

    I believe today was the first day of gold's new daily cycle, and that it will be a big UP cycle.

    [I noticed that Treasuries (TLT) dropped BIG today, and look like they MAY be in the process of putting in some kind of top. (If not, maybe the big drop is a drop into a daily cycle low? I don't follow cycles in Treasuries yet.)

    IF this IS some sort of top being put in for Treasuries, it looks like money may be flowing from Treasuries into stocks and other risk assets. I'm not following the stock market that closely, but it's POSSIBLE that today could mark the start of a summer rally in stocks, and the end of the correction. Always good to consider "the other side".]

    Gotta run to my real job. Good luck to all!

    ReplyDelete
  46. I just bought me some Aug IWM Puts...seemed like a good time. I feel that the S&P will go to 1,250 before reaching substantive support

    ReplyDelete
  47. Update * of yesterday *Silver daily chart :

    http://screencast.com/t/bJnSTHfb3Z1

    ReplyDelete
  48. Dollar has me worried a little

    ReplyDelete
  49. Gann,

    Take a look at a weekly chart of Silver, look at the bigger picture.

    ReplyDelete
  50. From Beanie's blog last night:

    http://bettertrading.blogspot.com/2011/06/dont-get-sucked-in-by-collective-bear.html
    ________________________
    Don't Get Sucked In By The Collective Bear Borg

    We're seeing signs that insiders are finally coming back and buying stocks, for the very first time in a very long time.

    This coming gigantic bull market (green tech, mobile tech, and social media) is destined to pull everyone back from the brink of the collective Bear Borg depressive mind state. The chatterbox Borgs, who will probably never ever invest another dime in the markets again (aside from loading up on precious metals and burying them in the backyards), have been successfully converting the confused masses by endlessly feeding them black death juice.

    Hopefully, you won't be the last one in as Dow marches towards 36,000. You can't fight the bull anymore. Come back, come back to the light.
    _______________________________

    ReplyDelete
  51. Silver's a dead man walking. He will be thankful to find Jan 25th @ $26 his final support.

    ReplyDelete
  52. Gary - Thanks for your answer, I was away earlier.

    Appreciate your advice re: security in a bear market, you're right of course. And your plays have worked, by the way, as you navigate us through.

    I'd like to think I'm also trying to learn and understand the "why" behind the moves and such but yes, that's secondary.

    Lastly I can't stand the name "Felix" but mine was taken.

    ReplyDelete
  53. Buyers vs sellers ratios for right now:
    SLV 1.1 to 1
    GLD 1.86 to 1
    SPY 1.49 to 1

    QQQ 1 to 1.14
    AAPL 1 to 1.18
    GOOG 1 to 1.62
    GDX 1 to 2.01

    ReplyDelete
  54. JR, good laugh. Sounds like beanie's got a raison d'etre now.

    ReplyDelete
  55. JReality,
    Beanie may be right about the bull not being over. I'm not shorting it. Not untill we have a confimed bear marked. Anyway, I'm saving my capital for the gold bull's next intermediate low.
    Nadeem Wayalat is predicting that the DOW will breakout to new highs in august or september. He has been right on the DOW since the bottom of march 2009.

    ReplyDelete
  56. Isn't the buyers-to-sellers ratio always 1:1?

    ;-)

    I'm not sure how those numbers are derived, but breadth is running extremely strong, very much what you would expect to see on a trend-up day.

    http://online.wsj.com/mdc/public/page/mdc_us_stocks.html?refresh=on

    ReplyDelete
  57. William

    yeah ,, i do look at all time frames...it's just a matter of time.imo.. but i wanna get it right.i just bought 1/4 Swing position here, should we rally , i will add..should we fall i will add... So it all adds Up....

    Poly,,,

    To Funny ,,, With Silver
    * Dead Man Walking * LMAO

    ReplyDelete
  58. DUG killed me today. All profits over the last few days are gone.

    ReplyDelete
  59. Poly said "Silver's a dead man walking." I've been all out of silver for a while now, but it sure looks to me like we could be putting in a double-bottom here, at least for the near term.

    ReplyDelete
  60. Crazy to add SLV puts today? I'm tempted.

    ReplyDelete
  61. Gold probably won't hit its intermediate bottom until mid-July. The GDX hit its lowest level since Sept of last year just yesterday and has been underperforming the S&P. The GDX has been leading PMs on the way down. Silver is a busted parabola. We're on day 5 of the dollar cycle which is currently consolidating in a bull flag.

    I guess I just fail to see why Poly not getting bullish on a two day tweezer bottom is so funny.

    ReplyDelete
  62. this is one up day. nothing will V.

    i hope it does to crush some short players though for at least a couple weeks. sorry guys. i needs some vacation money.

    ReplyDelete
  63. Adam, I suspect Gann agrees on the Silver outlook and just liked the analogy.

    CMT, I added more SLV puts here. Only thing to watch out for is that we're on day 2 of a new gold cycle which could support Silver for a another one or two weeks max. It will be futile of course, Silver is going to get crushed once gold turns and the only support Silver will find is at around $26, the last IT cycle low.

    ReplyDelete
  64. That should read "Only thing to watch out for is that we might be on day 2 of a new gold cycle "

    ReplyDelete
  65. Bernanke warned a failure to lift the government's $14.3 trillion debt ceiling risks a potentially disastrous loss of confidence in America's creditworthiness. $USD may go down for this

    ReplyDelete
  66. gary - i don't bother shorting. i can't get the timing perfect. this market is so rigged to the bull side.

    ben backstops everything.

    i just look for other bull markets to go long on

    ReplyDelete
  67. tweezers- 52% bearish continuation and if it does break out to the upside the results are not great.
    bulkowski

    ReplyDelete
  68. DG
    If your out there are you still long DUG?

    ReplyDelete
  69. just great gold breaks back over 1525 again. just when i sold some of it when it hit my stop at 1525 yesterday..

    anyways still holding a core position, old turkey style.

    velocity of money still hasn't slowed down..

    ReplyDelete
  70. Semi's Not Looking to Healthy Here :
    Daily Chart :

    http://screencast.com/t/nSiL3gWxb52w

    ReplyDelete
  71. Hag: Still long DUG. Long more USO puts though. Just bought back the EUO I sold Friday. Let's see if the 10DMA on SPX stops the rally.

    ReplyDelete
  72. From Kevin Depew at minyanville.com
    Yesterday, the SP futures recorded a DeMark DAILY 9 BUY Setup - this means there should be a 1-4 day reaction (through the end of this week) of countertrend upside. We did qualify a break of 1308 level last week which means that the selling is not done. A full 13 TD Sequential Countdown is now expected which does not have to be consecutive days. Resistance is the 1308 level. Ultimate support seems to be at the 1210 level, a WEEKLY Demark level. WEEKLY down levels have not been qualified since Feb 2008, so it is pretty difficult to do.
    Reminder that we are on 1-4 bar setup on the MONTHLY in S&P and the other major indices, good from June to September, so the path of least resistance is down. However, the Nasdaq Composite and Russell 2000 have NOT qualified their respective DAILY down levels yet. Depew so far expects these to outperform the S&P during the summer doldrums. With regards to large cap tech, there was a graph on Business Insider showing that the GOOG, CSCO, and others of the world have not been so hated in the past 35 years - a contrary buy signal??? Hard to believe CSCO is so close to the March 09 lows...
    One final thought - the dollar still needs to put in that MONTHLY low in at 72.5 - be careful shorting the Euro right now, there might be one more rabbit in that hat...

    ReplyDelete
  73. DG
    Thanks for getting back to me before the close. Looks like the market in general selling off a little at the end here

    ReplyDelete
  74. Good chance we confirm a July 13th gold cycle low tomorrow. Gary, will a break of GLD $149.04 have you rephrase?

    ReplyDelete
  75. Keys,
    Statistical occurrence with cycles.

    ReplyDelete
  76. Edwin,
    If the government rigs everything to the upside then how in the hell did we just go through the second worst bear market in history?

    ReplyDelete
  77. Poly,
    The current cycle whereabouts for gold are up in the air. The reason I think the cycle low occurred on June 2 is because I don't think gold is going to rally against a rising dollar.

    That being the case then we should see gold generally falling for the next couple of weeks.

    We also have a weekly swing high for gold and it's still holding under the 10 DMA.

    We saw something similar to this in Nov. 09 and in the summer of 10.

    ReplyDelete
  78. Rosabarba,

    If the only trades on a stock today are me selling 100 shares and two different parties buying 50 shares each, then the Buyers vs sellers ratio would be 2.0 to 1

    Put in that light, it would seem a high number means retail investors are doing the buying and bigger investors/funds etc. would be doing the selling, in the aggregate anyway. Not sure if it means much tho...

    ReplyDelete
  79. Gary, fine point on the weekly swing.
    Only thing that matters now is the weekly chart and clearly we have or soon will be moving down the 3-5 week IT slide.

    ReplyDelete
  80. oa, if we dont raise the debt cieling, I think the dollar would rally.

    ReplyDelete
  81. any you chaps adding DUG on todays action?

    ReplyDelete
  82. Rosabarba,
    You can look at a Level II Quotes stream and it will show you the buy orders vs the sell orders.
    More buy orders usually means price going up and sell orders price going down.
    More sell orders with price going up is not a strong foundation and I would stay away from this type of activity. You have to also look at the size of the orders, if, for example, there are 20000 for sale at 30$ and the other prices are 4-5000 shares, then there might be some resistence at that level.
    This tool in combination with MACD, RSI, Williams R%, Stochastics, On Balance Volume and BBands are what I use for INTRADAY trades. Quick moves that are held on the average 30 minutes, some as short as a minute.

    Level 2 Quote interpretation is a little tricky at first but gives you a very quick glance at the "right now" picture.

    Not for everyone but it works for me.

    ReplyDelete
  83. Mr M,
    Thanks for that post. Much apreciated.

    ReplyDelete
  84. will there be a report tonight?

    ReplyDelete
  85. Poly, thanks. I added to my SLV puts, doubled up on the EUO and wound up holding it, and even took another nibble on my QQQ shorts.

    ReplyDelete
  86. Looks like you had quite a good time in Switzerland Gary, glad to see some of the members were there as well.
    Good report as usual.

    ReplyDelete
  87. Gary,

    We are on week 20 of Gold's intermediate cycle, correct?

    ReplyDelete
  88. Gary, thanks for tonight's report. When you talk about when Ben will turn the presses back on, you mean to say "late July or early August," right?

    ReplyDelete
  89. Gary,

    What makes you think that Gold will drop to the 40 week moving average, and not bounce off the 30 week like it has done the last 4-5 intermediate declines?

    Right now the 30 week sits at around 1435.

    Thanks

    ReplyDelete
  90. Because none of those intermediate declines included the dollar rallying out of a three year cycle low.

    ReplyDelete
  91. Gary,

    What if this intermediate decline turns out to be a D-wave, when will you know?

    ReplyDelete
  92. Excellent report tonight Gary. Great pics too.

    ReplyDelete
  93. I think it will be a D-wave just a mild one because gold never stretched very far. Possibly just back to or slightly below the 200 DMA is about all I'm looking for.

    ReplyDelete
  94. Gary,

    I was just looking at John's (TSI Trader)C-wave charts and was thinking,this will be the 5th intermediate decline of this C-wave, the previous three or four C-waves had about 4-5 on average before a D-wave, correct?

    Does that not suggest this may turn into a D-wave?

    ReplyDelete
  95. William, that's a very good point. You spotted that well. Bull markets seem to have 5 "wave" advances

    ReplyDelete
  96. Hey DG,
    Looks like I'll be joining you in EUO tomorrow. The Euro's pain is definitely not discounted. Easy stop below the low of today.
    f

    ReplyDelete
  97. Gary,

    Thats the 200dma on a daily chart thats sitting at 1403 now?

    ReplyDelete
  98. The sell stop on my system has now moved above the buy in and will eventually generate it's seventh straight winning long trade.Previously I had stated that it was on on it's 2nd long winning trade but that was just from the IT low. The last losing long trade was in July 2010.One of the trades barely made any $ and with slippage was probably a loss so I guess mentally I really did not notice the win streak was so long.7 straight winning long trades will be a record for my system, but it has had a streak of 7 straight winning short trades.The profit curve has streaked up the last year with the long wins and the occasional short win and small short losses so it would be normal for my system to now consolidate and underperform for a little while.Maybe a sideways consolidation without any strong moves either way?

    ReplyDelete
  99. I haven't seen any sideways consolidations in gold in a long time. Intermediate corrections have to scare people. That doesn't typically happen during a sideways consolidation.

    It certainly looks like gold is rolling over in preparation for an intermediate decline what with the failure to break to new highs.

    I expect that as soon as the dollar starts to rally again gold is going to continue down.

    ReplyDelete
  100. Gary,

    The last D-wave bounced right off the 175SMA on the weekly chart, if this D-wave took us to that moving average its sitting at 1088 right now. Its sitting at 1419 on the daily.

    ReplyDelete
  101. William,
    Don't waste your time trying to pick the bottom ahead of time. We'll just see where we are when we get into the timing band for the next cycle low and try to pick the bottom in real time.

    ReplyDelete
  102. Gary, I hope you're right, and I just finished your nightly report.It sure seems and "feels" like a big decline is imminent but that means my system would pick that up and the profit curve would just keep climbing parabolically,and looking at it through the eyes of my system and past performance it just doesn't make much sense.FWIW, I'm mostly cash and looking for gold to hit some key MA's where I will just hold as much of a long futures position as I can stomach for as long as I can.I will certainly buy unleveraged silver also with a multi year time horizon as I think that trade will eventually pay off bigtime.

    ReplyDelete
  103. Gary,

    Just checking out the history, hoping it repeats itself. In all honesty, im glad I will have you guiding me when we are experiencing it in real time.

    ReplyDelete
  104. Veronica,

    Will you be looking to hold a short futures position in gold from here?

    ReplyDelete
  105. Veronica, would you describe your "system"?
    ave you determined how many times has it given you a "prediction" and how many times it has produced a profitable trade?

    ReplyDelete
  106. I shorted on the spike in the last employment report, but it was a very small position.Sometimes I don't follow my system exactly and that's why I'm blessed to be able to have extremely talented people like Gary( and others here too)to learn from.

    ReplyDelete
  107. Fubsy: Glad to have your company in EUO. Waiting turned out to be fine as it hasn't done much yet. I traded around and made a little but scarcely worth the mental effort.

    ReplyDelete
  108. Eammon, 66.2% winning long trades, and 44% winning short trades, with the winning long trades 2.13 times the size of the long losers since the inception of globex gold futures trading in 2001.

    ReplyDelete
  109. James Turk lost his marbles?

    Definitely sticking his neck out here- calling for a bottom here for silver & gold.



    http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/6/14_Turk_-_Gold_%26_Silver_Have_Bottomed,_Summer_Explosion_Ahead.html

    ReplyDelete
  110. I always trade large gold futures positions as long only, and the shorts are done more for entertainment, and always very small.

    ReplyDelete
  111. Veronica, thanks for the info. Me being me I'd love to run a full statistical work up on your system.

    ReplyDelete
  112. Eammon,If you run a hedge fund, let's talk:)Seriously though, I don't want to give the parameters away, but I've been posting my trades in real time for a little while now.

    ReplyDelete
  113. Veronica, I understand that fully, and I never meant to suggest at all that you reveal your system. Just my nature to want do a full egg-head type statistical analysis of your system so I could quantify its behaviour :o)

    ReplyDelete
  114. I've got pages and pages of data on the system, and have researched/developed/traded it extensively.

    ReplyDelete
  115. Would trading a simple MACD crossover produce the same results?

    ReplyDelete
  116. Veronica,

    Why would you not share the parameters of your system if it works well?

    ReplyDelete
  117. Mr Miyagi,
    Thank you for contributing the Level II quotes, and the info for Intraday trades. Much appreciated.

    ReplyDelete
  118. Gary,
    Thanks for sharing your pictures of Switzerland, the vistas are stunning.
    So sorry you didn't get to climb the Matterhorn, will you be returning to do so?

    ReplyDelete
  119. Gary, I just ran MACD test at 12,26,9 and the results are abysmal.It's showing a loss per gold contract of over 40k the last 10 years, with winning long trades at exactly 50% and winning short trades at 29%.Profit curve is nasty and all over the place with no consistany whatsoever.

    ReplyDelete
  120. Also Rick Rule echoing Turk
    http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/6/15_Rick_Rule_-_Silver_Will_Trade_Like_an_Internet_Stock_to_the_Upside.html

    ReplyDelete
  121. Gary, is Fergie your girlfriend/partner? She is beautiful

    ReplyDelete
  122. Gary - they are rigged to the upside.

    doesn't mean that they don't go down first.

    something has to go wrong and the money taps starts to flow. this has been happening forever credit easing, quantitative easing

    there are times of prosperity, inflation and deflation.

    know where to be in those times

    ReplyDelete
  123. Veronica,

    If you have a system that works this well, and you trade only large futures contracts, what are you doing here?

    ReplyDelete
  124. Gary,

    Please speak about your white teeth. How so white? :)

    ReplyDelete
  125. Any comment? Thanks

    http://www.marketwatch.com/story/is-low-volume-actually-bullish-2011-06-15

    ReplyDelete
  126. Gary,

    The default coloration of the TOS charts is horrible (no fault of your own.)

    Would you consider doing what DOC did and change the ever-so-impossible-to-see LIGHT GREEN candles to BLACK. (It doesn't help that green denotes "up" which usually is also hollow...unlike down which is thus solid and filled in.)

    Will make the charts much more readable as you will see when you try it. Thanks.

    ReplyDelete
  127. Black (hollow) up candles will mimic the stockcharts theme so I'm not suggesting anything radical.

    ReplyDelete
  128. Eamonn,
    I'm fortunate enough to call Gary my friend. He's made me enough to enjoy the finer things in life full-time, which he gloats over every chance he gets.

    ReplyDelete
  129. Fergie, I'm sure he is lucky to have you as a friend too :o)

    ReplyDelete
  130. Yes, I've been trying to remind him of that since 2008, when I became a subscriber and had the opportunity to meet in Vegas. If I had never shared how profitable his methodology had become, he'd be much better company. Now, he just reminds me what a day trader I used to be.

    ReplyDelete
  131. So, what you're saying is, Gary's still available?

    Well, umm, Gary, I'd like to introduce myself. I like cycle theory, burritos, and long walks in the woods. My US number is 48457...

    ReplyDelete
  132. Gary
    Great pictures man, looks like a beautiful place.

    ReplyDelete
  133. With a name of Harry, I doubt that's going to get you far, but Madoff or Rajaratnam maybe looking for companionship in the klink so all hope is not lost.

    ReplyDelete
  134. Maybe Harry is short for Harriet? mI also thought Fergie and Gary looked good together when I first saw that group photo...

    Anyways, dollar up pretty good so far , added DRV and EUO yesterday.Not necessarily recommending 3x ETF's (like DRV) to anyone-added risk if holding too long.

    ReplyDelete
  135. Can anyone tell me how to post a second price chart on TOS ie. the S&P on top and the dollar on the bottom

    ReplyDelete
  136. In Prophet, I used to click on chart settings/comparison chart and it'd do what you're attempting. Other option is clicking on grid charts, but that will default to four charts vs. two. However, you can just copy/paste with jinga the two charts you want at that point.

    ReplyDelete

Please see the link below to comment on the new blog.

Note: Only a member of this blog may post a comment.