Thursday, January 31, 2008

Large Gaps Lower in Uptrends vs. Downtrends

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After nosediving into the close today, the futures are markedly lower in the overnight session. As I type this around 10:30pm Eastern the S...
1 comment:
Tuesday, January 29, 2008

Follow Through Days pt. 3 - Do They Miss Too Much of the Move?

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With the Fed meeting tomorrow, another volatile day (after 2:15pm) seems a near certainty. CANSLIM traders will be watchful to see if the Fe...
3 comments:

The Edges Are Dulling

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There’s a fair amount of studies outstanding and the market has been putting in a decent bounce, so let’s see where we are at: First off I f...
3 comments:
Sunday, January 27, 2008

Does A Disjointed Nasdaq / Russell Relationship Mean Anything?

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Below are the returns for the Nasdaq 100 and Russell 2000 for the last 7 days: The correlation between the Nasdaq 100 and the Russell 2000 i...
6 comments:
Thursday, January 24, 2008

CBI Update and Profit Taking Food for Thought

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It's 3pm as I write this. The Capitulative Breadth Indicator CBI will almost certainly drop from 13 to 8 today at the close. In Novemb...
2 comments:

The CBI, Reversals, and Bear Market Rallies

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Quite a day today. For those of you who “missed” the reversal – don’t sweat it. My studies indicate there’s plenty of upside left. Let’s fir...
9 comments:
Tuesday, January 22, 2008

CBI Closes At 13 - Some Alternate Entry Techniques

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The Capitulative Breadth Indicator (CBI) officially closed at 13 this afternoon. The number is now significant. Some people asked me to lo...
6 comments: