Watching oil and it's effect on the market as well as the debt situation in the PIIGS...I'm cautiously bearish short term but this market turns on a dime. Take a deep breath and use your indicators on different timeframes for direction or change of trend.
For the past several years I have been only bearish and wrongly so...paid dearly for it. During that time I have searched for anyone that would support my bearish stance, how silly that was. But now I am more balanced and your website is quite interesting. It seems to agree with my current investing attitude which is playing both sides as they arise. I hope this turns into something good for the group.
l picked up the site from your market oracle post regarding strong bull trend usd, stocks and qqqq. Nadeem has similar post under the name of stealth bull market. Peter Schiff is bearish everything us and your analysis would suggest the next bubble will be 18-36 months away. A long time to be on thr wrong side of a money making market. It seems that investing is now all about gambling, you buy like you said last dec/march and sell in 18+ months and do it again. Just never borrow any money to do it and lose what you can afford to lose.
Hi,I googled Andrew Cardwell and got this site.My main interest is mastering the RSI technique.Am new to the Cardwell method,I thaught that he only uses RSI but watching his charts I guess am wrong.Of the bat I will not that system he uses to many indicators.Please correct me if am wrong,but am only interested in the RSI method. Thank you.
Thanks for welcoming me TBB -- I found your article May 26 on consolidation in Seeking Alpha and very stimulating and followed you here. I look forward to participating on the site although I am learning and currently studying TPM1 with Pristine.
excellent analysis, especially the commentary is just the right amout, precise and cool headed. keep going.
Yes, the crossovers are what I am waiting for, too. Have been in cash since last June, missed this run - especially strong here in Canada on oil, financials and materials which have been strong since November thanks to gold. Now 80% cash instruments yielding 3% due in mid July, rest in conservative dividend yielding stocks. will likely be re-risking on pullback.
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