Archive
Whatever the fundamental or political news are, or even with historical probabilities and odds (heavily) tilt in favor of lower prices over the short-term, the market currently defies all negative odds.
At least two noticeable setups were triggere
The S&P 500 closed modestly higher today (+0.24%) - fully compliant to historical probabilities and odds (see ‘Successful Investing Is Anticipating the Anticipations of Others.’) -, on a(nother) fresh 52-week high for the second session in a
'Successful investing is anticipating the anticipations of others.' (as quoted in Isms (2006) by Gregory Bergman, p.105)
As long as everybody and his grandmother assumes that any 'dip' will provide a favorable buying opportunity, a sizable dip rea
Despite the fact that most recently the market regularly defied all probabilities and odds for closing lower, on close of Monday, February 7 2011, another negative setup had been triggered calling for a lower close (SPY: below 131.97) at the end of t
At time of writing (2:30 PM), the SPY (S&P 500 SPDR) is currently up +0.79% on the day, and up +2.71% month-to-date on the first session of the second week of the current month.
But even taking into account that mean-reversion came a bit out-o
Apologies for the posting hiatus during the last week, but a) from my perspective there is not much to blog about (the trend is still up), and b) I've a lot of technical issues with my current domain hosting provider, and I'm preparing to move over t