The DIY Economist

Aside from the morning rally, the markets are really boring. We are stuck in between PP and R1 at the moment. Apparently exiting yesterday was a wise move - SDS is currently 65.2. Again, I will look to buy in again if we can show further weakness. Note, though that a breakout above 875 is certainly ...

Bought some SDS, one near the high of the day, one near the low of the day. It just so happens that I made the low buy when my confidence was crashing through the floor. You know, the markets like to do that. Speaking of which we're at Weekly R1 and will probably retrace a bit. ...

Hussman has a good article up: http://www.hussmanfunds.com/rsi/rallyvolume.htm The gist is that bear market rallies differ from true bull market rallies in several important ways. Bull market rallies: Tend to NOT be explosive, though there are exceptions Typically exhibit broad market participation (i.e. increased volume) The more explosive the rally, the more broad participation there is Quote ...

So I am still doing test trades with the pivot point system described; looks as if this does work better than the mess of indicators I used before. Here's NQ on light Sunday trading: I still need to do trades on normal market hours, but I made 2 out of 2 successful trades on NQ (and ...

FAS and FAZ are the 3X leveraged financial funds - they move 3x the rate of the underlying, with FAS moving 3x in the direction, and FAZ moving 3x in the opposite direction. I made a PDF cheat sheet that hopefully demonstrates why shorting both FAS and FAZ will likely result in a suboptimal play over ...