Archive

Daily Commentary - Posted by on March 15, 2010

4 Comments

Level of Bullishness

With Friday's session, the market showed a level of bullishness rarely observed over the course of the last 20 years: The SPY (S&P 500 SPDR ETF) closed higher on the 11th consecutive session (now 4 occurrences since 01/01/1990), The SPY hasn'

Daily Commentary - Posted by on March 11, 2010

3 Comments

Implications of High RSI(2) Readings

On Wednesday's session, and with respect to the SPY (SPDR S&P 500 ETF), Wilder's Relative Strength Index (RSI) for a 2-day period closed above 95 the sixth day in a row, and above 99 on the fourth consecutive session. With respect to the latter,

Studies - Posted by on February 14, 2010

7 Comments

Evaluation of Momentum Oscillators

Due to the fact that when bloggers/the bloggosphere/traders are discussing and talking about the 'overbought' ('oversold') state of the market (betting on a short-term mean-reversion tendency), they are regularly referring to and utilizing J. Welles

Daily Commentary - Posted by on March 26, 2009

6 Comments

Trading the Odds on Friday – March 27, 2009

BOTTOM LINE FOR FRIDAY - MARCH 27, 2009 Thursday's session was remarkable due to the fact that the S&P 500 posted a higher open, posted a higher high than the previous session's high, posted a higher low than the previous session's low, pos

Daily Commentary - Posted by on March 24, 2009

2 Comments

Trading the Odds on Wednesday – March 25, 2009

My name is Frank, and due to the fact that this is my 2nd post after I've started the blog on Tuesday, March 24, 2009, a few introductory notes. I have traded as an individual investor for more than 20 years now. I take a statistical approach in comb

Daily Commentary - Posted by on March 24, 2009

No Comments

Trading the Odds on Tuesday – March 24, 2009

My name is Frank, and due to the fact that this is my first post on the blog, a few introductory notes. I have traded as an individual investor for more than 20 years now. I take a statistical approach in combination with historical market data to p