Jump to content



Photo

FF Equities Energy Biotech Housing PM


  • Please log in to reply
1 reply to this topic

#1 flyers&divers

flyers&divers

    Member

  • TT Patron+
  • 1,106 posts

Posted 03 January 2015 - 09:50 AM

The following is my bias for the next few weeks based on how the individual groups sectors relate to the others in my primitively constructed universe. Basically there is constant rotation that often reveals the groups that may deviate from the mean (the market) on the next swing and that's the backbone of my work. General market I feel bearish but the charts do not confirm it so I am open to anything I have both bullish and bearish watch lists and I only act if the individual issues trigger my exhaustion or continuation patterns. Energy Sideways to higher Lot of exhaustion patterns are setting up If energy came off orderly in a general market pullback it would lead to many perfect setups Biotech Sideways to lower Opposite of energy Many exhaustion patterns are setting up but they have to trigger. In a general decline Biotech may be one of the weakest Housing Higher, on the move already, so one needs quality pullbacks to get on Precious metals Sideways There have been lot of anticipatory buying but it is still weaker then the market VIX and related I am a buyer of volatility on any good rally in the market partly as a hedge and also as a directional bet I will post some actual trades (given time) as they come up Have a great 2015 everyone! Cheers F&D
"Successful trading is more about Sun Tzu then Elliott." F&D

#2 dasein

dasein

    Member

  • Traders-Talk User
  • 7,696 posts

Posted 03 January 2015 - 09:01 PM

i have a bias but I agree with your energy prediction, bio could go either way as the market, and on funnys I agree on housing - but it sounds like you are doing a kind of RS ranking with a twist? any particluars? thanks for sharing yr thoughtful post...
best,
klh