Monthly Archives: May 2009

I Have a New Partner and Venture

May 31, 2009
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I Have a New Partner and Venture

I have some very exciting news for those that follow me and have used some of my work.  Starting on June 1st I will be partnering with Tom Malone (TomTheTrader) at TTTHedge.com. Tom is the best tape reader I have every met, his style and skill complement my trading style perfectly.  We offer two...
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Update on Zweig 4% system

May 30, 2009
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Update on Zweig 4% system

We just ended another week and another month.  I now have a chance to catch-up on our Zweig vs. Roubini track as well as the Zweig 4% mechanical trading model.  Trying to pin Roubini down on his trade recommendations is proving to be fairly tough since he really is talking about the economy versus...
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Our May Pullback

May 13, 2009
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Is it over?  How will we know?  The answer of course is we don’t, but we can get clues from near past behavior.  Following is a spreadsheet of the state of the the current pullback in several indexes.  You can see that we are right near or at the statistical average of all the...
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Zweig 4% trading model – Thanks to Ned Davis

May 9, 2009
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Zweig 4% trading model – Thanks to Ned Davis

In Dr. Martin’s Zweig’s winning on Wall Street he presents a trading idea that was inspired by the work of his friend Ned Davis.  It is a very simple trading method based on weekly data from the Value Line arithmetic index.  The rules are quite simple and the results are impressive. Buy – Buy...
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A problem with the Trin (Trader’s Index)

May 9, 2009
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A problem with the Trin (Trader’s Index)

Those of us who use the trin on an intraday basis know about its glitches as large volume stocks move from the advancing column to the declining volume or versa-vice.  On Thursday this happened when Citigroup hovered around the previous day’s close.  It caused the trin to shoot across the magical 1.00 level from...
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Zweig Breadth Indicator goes oversold again!

May 4, 2009
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Zweig Breadth Indicator goes oversold again!

Wow, this is a historic bull run.  The breadth of the recovery is astounding and the ZB indicator shows an unprecedented 6x overbought condition this year.  How unusual is that you ask?  I quickly eyeballed back 20 years and could only count 15x that the indicator displayed overbought.  This year alone we have had...
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April was a kind month

May 2, 2009
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April was a kind month

Since about the middle of April I have decided to become more disciplined about my scalp trading.  I have a small TradeStation account that I scalp in.  I have in the past, and still do on occasion use it to hedge what I have in my main trading account at E*Trade, this sometimes leads...
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