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At least on SR it will be. Last year I went long on the 2008 slide based on some oversold indications. At that time I posted some charts that showed only a very few times the market became that oversold. It was the case of who blinked first. I blinked and now I will explain. …

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I made alot of swaps in favor of either higher beta or what I perceived as an imminent opportunity. I sold out of things like PTNR and SMED due to low movement. However, I’m considering getting back into SMED. I just like the business and with the healthcare bill a company like SMED is going …

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These three things have one thing in common. They have no bearing on short term market direction. Its all about the US dollar. You are starting to hear about it on blogs and TV. The market is moving higher because of it. You heard it from here on August 4th. So I’m glad one of …

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I laid out my trading plan last night and even last Friday. So far it was right on the money. Minor selloff into Fed meeting and now a rally post Fed. Ben Bernanke must be a fan of the Olympics because the market is rallying right into the torch ceremony. I kid. I joke. I …

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Today was boring. A big drop on the open followed by a big rally, then a late day big drop. Feeling exhausted yet? I didn’t do anything as far as the indexes went, but I did buy a few stocks. Next week the Federal Reserve will say their piece. To me it looks like the …

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