Archive

Daily Commentary - Posted by on April 30, 2009

4 Comments

Trading the Odds on Friday – May 1, 2009

Until we started into the final 2 hours of today's session, it seemed that the market would close on another strong note today, refusing to go down when market history and the respective probabilities and odds suggested it 'should' at least consolida

Daily Commentary - Posted by on April 29, 2009

No Comments

Trading the Odds on Thursday – April 30, 2009

I think on Wednesday's session we couldn't have asked for more: S&P 500 and Nasdaq fully complied again to the expected bullish outcome for today's session based on those setups which were triggered at the end of last week and Tuesday's session r

Daily Commentary - Posted by on April 28, 2009

No Comments

Trading the Odds on Wednesday – April 29, 2009

On Tuesday the market was fully compliant again to the -from a statistical point of view and concerning those setups which were triggered on Monday's close- most probable outcome including the underperformanc4 of the Nasdaq compared to the S&P 50

Daily Commentary - Posted by on April 27, 2009

No Comments

Trading the Odds on Tuesday – April 28, 2009

Except a potential higher open for the Nasdaq 100 (but with respect to the higher high), everything else was in compliance again to the -from a statistical point of view and concerning those setups which were triggered on Friday's close- expected out

Daily Commentary - Posted by on April 26, 2009

2 Comments

Trading the Odds on Monday – April 27, 2009

On Friday the market (SPX, NDX) again complied to the -due to the setup triggered on Thursday's session (the Nasdaq closed up +0.65% on a day when Nasdaq Advancing Issues / Declining Issues closed at 0.63)- indicated positive outcome for Friday's ses

Studies, Trading Strategies - Posted by on April 24, 2009

2 Comments

Trading the RSI(2) from 1950 to 2009

A few days ago Michael Stokes at MarketSci made an excellent post concerning RSI(2) readings, the changing frequency of extreme readings, its (the RSI's) quality of forecast and efficiency of trading short-term mean-reversion in the markets over the

Daily Commentary - Posted by on April 24, 2009

1 Comment

Trading the Odds on Friday – April 24, 2009

The final hour on Thursday's session made the respective forecast a hit again: 'The setup (SPY opened lower -0.91%, but posted an intraday high of +1.50%) triggered on Thursday may provide a favorable short-term opportunity on the long side on Thursd