4 replies to this topic

[Russ]

...best bottom spotter out there.

[Trend-Signals]

...best bottom spotter out there.

No I am since Aug 2004.

Since I am shaken out on this bottom call - rather than used as a contrarian indicator - Markets may indeed bottom!!

[Russ]

...best bottom spotter out there.

No I am since Aug 2004.

Since I am shaken out on this bottom call - rather than used as a contrarian indicator - Markets may indeed bottom!!

I admire your work. This market rout is a tough one this time...but as I posted elsewhere my AIQ expert system is giving a 98 up rating for the dow tonight...main reason is breadth of a/d is diverging as prices reach marginal new lows on some indices. However...new high/new lows is still going down which is negative but that has been factored in the 98 rating.

Here's da man's current view...

"wed the 15th(august 2007)......wadya say we have the biggest up day in history......snort"

http://siliconinvest...subjectid=52296

Edited by Russ, 14 August 2007 - 07:45 PM.

[Trend-Signals]

Thanks, Russ

Agree that it is hard to time the market since we have more traders are in the market with dispersed forces, i.e. college students, many blogs, etc.

Also, many traders are copying others successful systems which can be invalidated when too many are using the same.

It seems that the extreme breadth indicators are now being used as contrarian indicators because I see that most of traders are using the same.

In this case, big momentum traders are winning with market drama as we see "subprime" case as sell-excuses. A few big hedge funds jumping on small mortgage stocks taking off 50% is quite profitable.

As well as for market direction... currently big hedge funders are taking the charge of this market as we can see that large/commercials are on the same side.

We need to see commercial supports for markets.


Thanks for the link.. it seems that da chief is hiding out.


Good luck



~~~


[quote name='Russ' post='308033' date='Aug 14 2007, 08:52 PM']
[quote name='Trend-Signals' post='308030' date='Aug 14 2007, 07:34 PM']
[quote name='Russ' post='308027' date='Aug 14 2007, 08:27 PM']
...best bottom spotter out there.
[/quote]



I admire your work. This market rout is a tough one this time...but as I posted elsewhere my AIQ expert system is giving a 98 up rating for the dow tonight...main reason is breadth of a/d is diverging as prices reach marginal new lows on some indices. However...new high/new lows is still going down which is negative but that has been factored in the 98 rating.

Here's da man's current view...

"wed the 15th(august 2007)......wadya say we have the biggest up day in history......snort"

http://siliconinvest...subjectid=52296
[/quote]

Edited by Trend-Signals, 14 August 2007 - 08:03 PM.

[Russ]

[quote name='Trend-Signals' date='Aug 14 2007, 08:03 PM' post='308041']
Thanks, Russ

Agree that it is hard to time the market since we have more traders are in the market with dispersed forces, i.e. college students, many blogs, etc.

Also, many traders are copying others successful systems which can be invalidated when too many are using the same.

It seems that the extreme breadth indicators are now being used as contrarian indicators because I see that most of traders are using the same.

In this case, big momentum traders are winning with market drama as we see "subprime" case as sell-excuses. A few big hedge funds jumping on small mortgage stocks taking off 50% is quite profitable.

As well as for market direction... currently big hedge funders are taking the charge of this market as we can see that large/commercials are on the same side.

We need to see commercial supports for markets.


Thanks for the link.. it seems that da chief is hiding out.


Good luck



~~~


He is not hiding out - he left this board after having conflicts with some old enemies that showed up and he was not allowed by admin. to attack them on his blog...so he left. What a shame...oh well he is over at silicon investor.

Russ