The Tide has turned

It looks like the market ETFs have definitely turned over the top, I'm gonna call this the bearish top. It might be a good time to jump in on some bearish spreads, too early to simply buy the long puts.

More Titration Please

After today, you should be considering a neutral position once again. Things aren't sliding downhill, but that doesn't mean they won't. No clear indication which way tomorrow will go.

An Odd Day

Another day of strange signals, blame it on the State of the Union or Apple's ipad unveiling but more likely it's just the market still setting up. I'm increasing my optimism about upward movement, but no clear cut sign yet.

Years of Searching

I've been looking for years for the holy grail - a system that works for making money in the markets. All I've found is excitement followed by major dissapointment. It's time to get simple, and time to look at what is happening, and stop worrying about why it's happening. The media has all the reasons for the market moving, and amazingly, they are never able to predict ahead of time how it will move. No more BS, just some numerical observations. Here are some charts to look at:

The blue line over price is a 50 day EMA, nothing special. It helps to confirm trends and the direction the market is moving... Oh, that strong upwards diagonal means that all the BS we heard about how bad things are made us miss some huge gains. If you study the charts, you'll see some extremely basic relationships between price, the EMA, and the lower indicator.

Right now we're at another turning point within several days, either the market will continue up (we have been in an up trend so there's no reason to doubt this) or it will turn down. Either way it's good news to know what's coming. For the bullish trend to continue (super entry point) we want the EMA to continue movign up and the red line and green line at the bottom to begin converging sharply. today was odd since we neither saw conversion or continued losses, basically it is a very unclear time for the market. If I had to pick sides, I'd be optimistic.