Use access key #2 to skip to page content.

TOP!

Recs

14

September 21, 2009 – Comments (6)

Every time my accuracy gets to 58% the market bulls.

Perhaps this time will be different. . . . but i am prepping for a turn, by closing some longs, and hedging my best picks with shorts from the same sector.

We won't get DOW 10k, because everybody thinks we will.

The entirety of the rally since march is beginning to look like one big giant head and shoulders setup.

NEVER LISTEN TO ME. My score will show that i am not worth listening to.

-solaris

6 Comments – Post Your Own

#1) On September 21, 2009 at 4:06 PM, lemoneater (71.92) wrote:

You are so much more than your score!

For some strange reason sometimes when my score is down in Caps my RL portifolio is up.

Report this comment
#2) On September 21, 2009 at 4:12 PM, outoffocus (23.48) wrote:

For some strange reason sometimes when my score is down in Caps my RL portifolio is up.

S&P returns eat up CAPS points.  So while you portfolio may be up 200%, because the S&P when up 50%+ in that time your CAPS points are only going to show a return of <=150%.  Conversely if you have a portfolio of low beta stocks with an average return of 30% or less, you will lose points in CAPS because the stocks return is less than the  S&P's return.

Report this comment
#3) On September 21, 2009 at 4:36 PM, lemoneater (71.92) wrote:

That makes sense. Thanks for explaining the inexplicable :)

Report this comment
#4) On September 21, 2009 at 8:22 PM, starbucks4ever (97.98) wrote:

A temporary top, at least

Report this comment
#5) On September 22, 2009 at 11:27 AM, Sozurmama (23.32) wrote:

Some David Fry action:

The S&P 500 is now trading 20% higher than its 200-day average. Although there have been rare occasions this deviation has been higher, we note that this is typically an "extreme."
• During the 2002/2007 bull market, we never hit +20%.
• 1986 and 1987 saw 19%/20%, but no higher.
• 1982 saw the deviation briefly above 20%.
• 1975 saw a marginal move above 20%.
• 1943 saw the 20% deviation again prove good resistance.
• 1935 and 1936 though saw the deviation above 20%.
• 1933 saw the S&P 500 59% rich to its 200-day.
• 1929 saw the 20% deviation again prove good resistance.
• 94% S&P 500 stocks also now above their 200-day average.

http://seekingalpha.com/article/162671-tuesday-outlook-waiting-for-the-fed-to-supply-an-exit-strategy

 

Report this comment
#6) On September 23, 2009 at 8:51 PM, dragonLZ (99.37) wrote:

This is IT!

Report this comment

Featured Broker Partners


Advertisement