Search results

the answer is none. there is no indicator that will tell you when the chop begins and the trend ends. I know when the chop begins because my trending strategy fails several times in a row. By then it is too late to avoid losing. So the question should be "How do you survive the transitions...

Ordinary people deserve what they get because they are lazy. No one is stopping them from hedging against higher fuel prices, that is what the futures market is really for. No one is stopping anyone from inventing a new product or technology to compete with oil. The energy problem will be...

Edwards and Magee, in their book Technical Analysis of Stock Trends, go into this topic in great detail. They also provide rulles for trading using trendlines. Granted the book was written with the intent of using daily and weekly charts, but I have found that the confirmation process and the...

Wedges are minor patterns. In bull markets it is common for 50% retrace to hold after a wedge breakdown. So far that is the case. Now, I want to see how far up this goes. If it can't take out that next resistance, then the odds increase for more downside. If all the other indices show HnS...

HnS looks good to me as other indices show the same. You may want to watch this along with NYA and OEX to name a few. NDX and SOX have already broken down, so this reaction will tell much. Volume was very light so far and needs to pick up to be any help to the bulls if this moves higher.