33 replies to this topic

[cycletimer]

Blustar, you mentioned an 8th of January 2020 Bradley Siderograph date in your note.  The web sites that I have seen show the first Bradley major date in 2020 as March 17th.  I would appreciate it if you could point me to a site which shows the minor turn dates as well.
 
Regards,
Douglas

Allow me to interject, re: Bradley. I’ve been following the Bradley Indicator and using it as a primary trading tool since 2001. There are many minor dates along 5he course of a year. The March 17th turn you alluded to is considered a major turn. Major meaning it will be more significant, whereas the minor ones in between the 2-3 majors (in a given year) result in either nothing or at best, little blips on a chart only to be noticed after the fact and they’re usually not worth trading.
The January 8th turn could be worth a trade, though I’ve lightening up on longs and raising cash levels into this rally. That’s how I use minor turns.

[cycletimer]

What Ive done this year and will continue to do throughout 2020 and beyond is invest in structured notes. These are only offered at full service brokerage houses and boutiques (I use Stifel Nicholas). Examples rare AMZN, BA, and PANW. Ive invested in these three as well as one based on QQQ. These all pay coupon rates of between 8 & 10% on a quarterly basis and they offer downside protection of between 20 & 30% (this varies per issue).
These are like owning the common stock, collecting a rich dividend AND being protected on the downside. All of these have two year holding periods but can be called away after six months.

*(Earlier I had invested in a GE structured note with a offering price of 8.60. Once GE hit 11.00 per share the instrument was immediately called away and they paid me 3% of my principal).
Investing in these have taken my mind off the day-to-day noise of the markets and has weened me off of short term trading, which has been my goal.

[blustar]

My subs have been long since Oct 3 withe exception of the nov end top into dec 3 which I called and went long again. Dec 13 went short and was a mistake and went back to long in dec 16 and have stayed long. I called the sept top and oct 2/3 low. Looking for dec 30 top and drop into early mid January so I have been long st since dec 16

[blustar]

I have actually increased prices but periodically offer specials. There is a reason people have left this forum u think?

[SemiBizz]

Yes, there's is a reason and we all know WHO.

[ryanoo]

I have actually increased prices but periodically offer specials. There is a reason people have left this forum u think?

Although I noticed your calls tend to be extreme, those who make sarcastic remarks on your posts make no useful calls themselves, so ignore them.  Keep on making your calls, it is their job to use/read it or not.  For me, I read your posts expecting such extreme price calls which usually don't happen but still they are useful. Happy new year!

[12SPX]

 

I have actually increased prices but periodically offer specials. There is a reason people have left this forum u think?

Although I noticed your calls tend to be extreme, those who make sarcastic remarks on your posts make no useful calls themselves, so ignore them.  Keep on making your calls, it is their job to use/read it or not.  For me, I read your posts expecting such extreme price calls which usually don't happen but still they are useful. Happy new year!

 

Totally agree, everyone needs to respect ones opinions.  I like his comments however will agree I only saw calls for the downside not long, but maybe that was just for subscribers.  Is kinda like all the "up up and away" calls from someone else but once in a while you hear of a down call lol!!

[redfoliage2]

We are making a rising wedge that is unsustainable, still higher prices look feasible into Monday, even as high as 3262/63 SPX.  The next Bradley is due Jan 8 and by that date a 7.8% drop looks forthcoming.  I see down 20% into the equinox of March 20th.

[redfoliage2]

We are making a rising wedge that is unsustainable, still higher prices look feasible into Monday, even as high as 3262/63 SPX.  The next Bradley is due Jan 8 and by that date a 7.8% drop looks forthcoming.  I see down 20% into the equinox of March 20th.

It looks that the selling finally started today.........

Edited by redfoliage2, 30 December 2019 - 10:22 AM.

[alexnewbee]

I'm looking for a possible 3266/67 SPX Monday and I am long.  Jan 6-8 looks hard down to me.

Still long? Or short now?