Odds Czar: Simple Biases In the Futures Market: 2008

[Art Collins]

Art's futures biases for June 27.

A "1" means bullish bias. A "-1" means bearish bias. The total is the sum of biases. A positive sum will be long bias. A negative sum will be a short bias. A sum of zero will be a neutral bias.

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Both the bond and currency complexes are flashing uncontested sells for Friday. The world may be waiting for another shoe to drop in the stock market, and it may well do so. Should it follow its frequent pattern of upside-to-neutral following such a huge down day, however, we may see a commensurate bond sell-off.

 

[windsurfer]

Beth,

Although Art publishes currency data, my personal view (see April 24) is that Art Collin's system should only be traded for the ES and ER2. The currencies are best seen merely as a confirmation of the system validity.

My view is consistent (I believe) with the conclusions of Art's book (Beating the Financial Futures Market). By the way, I highly recommend this book for you and everyone else who is following this system.

Bruce

P.S. I am speaking only for myself as to how to trade the system, although the results are clearly best for the ES and ER2. Art- and possibly other readers- may disagree. I'd welcome their comments.

 

[bethohrenschall]

Thank you Bruce,

Beth

 

[Art Collins]

Art's futures biases for June 30.

A "1" means bullish bias. A "-1" means bearish bias. The total is the sum of biases. A positive sum will be long bias. A negative sum will be a short bias. A sum of zero will be a neutral bias.

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Considering that:
1. The markets are roiling and anything can happen at this point and
2. The CzarCharts are offering virtually no directional help for Monday...

....I'm happy that I'll be on my way to Boston as the week begins. I'll be taking a travel day--I urge you to do something similar.

 

[Art Collins]

Art's futures biases for July 1.

A "1" means bullish bias. A "-1" means bearish bias. The total is the sum of biases. A positive sum will be long bias. A negative sum will be a short bias. A sum of zero will be a neutral bias.

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The CzarCharts are urging buys across the index complex for Tuesday,

 

[Art Collins]

A "1" means bullish bias. A "-1" means bearish bias. The total is the sum of biases. A positive sum will be long bias. A negative sum will be a short bias. A sum of zero will be a neutral bias.

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The CzarCharts are flashing unambiguous signals in all complexes. Specifically, Wednesday should see lower indices and higher bonds and currencies.

 

[Art Collins]

Art's futures biases for July 3.

A "1" means bullish bias. A "-1" means bearish bias. The total is the sum of biases. A positive sum will be long bias. A negative sum will be a short bias. A sum of zero will be a neutral bias.

 

[Art Collins]

Art's futures biases for July 1.

A "1" means bullish bias. A "-1" means bearish bias. The total is the sum of biases. A positive sum will be long bias. A negative sum will be a short bias. A sum of zero will be a neutral bias.

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According to the CzarCharts, the stock-related markets should see a reversal-of-fortune to the upside on Monday. We should be able to enter lower than Thursday's close if Friday maintains its lower July 4th closes in the abbreviated electronic sessions. Obviously, extreme caution is urged.

 

[Art Collins]

Art's futures biases for July 8.

A "1" means bullish bias. A "-1" means bearish bias. The total is the sum of biases. A positive sum will be long bias. A negative sum will be a short bias. A sum of zero will be a neutral bias.

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About the best the CzarCharts can muster for Tuesday is a slight downside bond bias, particularly the 10-year.

 

[Art Collins]

Art's futures biases for July 8.

A "1" means bullish bias. A "-1" means bearish bias. The total is the sum of biases. A positive sum will be long bias. A negative sum will be a short bias. A sum of zero will be a neutral bias.

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For Wednesday,the bond complex is offering uncontested sell signals while the currencies are just the opposite.