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Daily Commentary - Posted by on February 20, 2011

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SPX Hits New High before President's Day

SPX Hits New High before President’s Day

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

Daily Commentary - Posted by on February 14, 2011

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S&P 500 at 52-Week High at Start of OPEX Week

S&P 500 at 52-Week High at Start of OPEX Week

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

Daily Commentary - Posted by on February 12, 2011

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'Successful Investing Is Anticipating the Anticipations of Others.'

‘Successful Investing Is Anticipating the Anticipations of Others.’

'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

Daily Commentary - Posted by on February 9, 2011

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SPY Closed 2 SD above 20-Day MA

SPY Closed 2 SD above 20-Day MA

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

Daily Commentary - Posted by on February 7, 2011

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SPY UP > 2.5% MtD on Day 1 of Week 2

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

Daily Commentary - Posted by on February 3, 2011

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February’s Seasonalities

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