More Trades With TK

ONNN, DTG

November 3, 2008 November 3, 2008 By charlie In , Comments Off on More Trades With TK

Trade With TK

ABK, FMD, JBL… http://www.tradingwithtk.com

October 31, 2008 October 31, 2008 By charlie In , , Comments Off on Trade With TK

P&F Chart Porn

This is a Monthly view of the NYSE New Highs-New Lows since 1999 Daily View Notice that the oscillator rarely trades above 0 during bear markets. ~2% of the NYSE is trading above the 200DMA, less than 40% is no good for investors.

October 28, 2008 October 28, 2008 By charlie In , Comments Off on P&F Chart Porn

Black Friday

The Euro and Pound are crashing, S&P Futures are limit down, Gold is falling, the Yen is at a 13 year high… This is going to be an epic Friday. I’m waiting for a Russian Debt Default, a Tsunami in London, and a Terrorist Attack in NYC.

October 24, 2008 October 24, 2008 By charlie In , Comments Off on Black Friday

Dollar Dollar Bills Ya’ll

Perhaps the dollar is finding its strength in the massive liquidations and margin calls… perhaps market participants think that the numbers coming out of the foreign markets are more bogus than our own… perhaps the markets are pricing in the implicit military threat of not accepting dollars. I’ve heard comparisons of the US to the…

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October 19, 2008 October 19, 2008 By charlie In Comments Off on Dollar Dollar Bills Ya’ll

Follow Dead Cats with Moon Shoes

The market looks poised to rocket up after an explosive weekend of *gasp* nothing. If the speed of the recent decline is any indicator, this is setting up to be one of the sharpest bear rallies in history. TBT for a bet on rising Treasury yields as the TED spread narrows.

October 13, 2008 October 13, 2008 By charlie In Comments Off on Follow Dead Cats with Moon Shoes

6 Months Later

A tip of the hat to people who can actually blog for more than a month… I certainly couldn’t. Now that we’re plumbing the abyss of financial Armageddon, it seems prudent to comment on these so-called historical times. Does anyone remember Hank Paulson’s “strong dollar policy”? People (including myself) scoffed at ol’ Hankie every time…

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October 11, 2008 October 11, 2008 By charlie In , 2 Comments

Hunch

DGP and SKF will be a nice pair if the Friday reports are poop…

April 4, 2008 April 4, 2008 By charlie In Comments Off on Hunch

Complacent VIX

We’re back to overbought, “everything is OK” levels. I sold my home builders and semiconductors this afternoon. I’m looking for another gap up and then a long steady fade all day. SKF is looking for a bounce as the volume spiked. Precious metals puked another couple points, but I think we’re 2/3’s of the way…

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April 2, 2008 April 2, 2008 By charlie In Comments Off on Complacent VIX

A New Theme

Home builders, Semiconductors, Biotechnology, Water and Natural Gas… a strange assortment of market leaders for the day.ITB is a home builders index and like its better known brother XHB, it has taken a beating over the last two years, down nearly 60%. After finding a low ~13.50 on January 9th, ITB has shown remarkable strength,…

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April 1, 2008 April 1, 2008 By charlie In Comments Off on A New Theme