5 replies to this topic

[IYB]

I'm often asked what duration SS signals can be expected to run. Here are the last 6, 4 of which were posted here in real time as shown below. Durations vary. Good trading, D
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=1&mn=11&dy=0&i=p20175862770&a=161831573&r=125.png

SSBS Today.
And what a day to be out travelling. Covered/covering/looking to go long. Good trading, D

SSBS Today
I did most of my buying yesterday, as posted, but I should point out that the SSBS is a good one, the first time all year that we've had all seven go to buy following a clear positive divergence across the board. It's no coiincicence, I'm sure, that this is the first time all year that mortgage markets have had a very strong bid for the second consecutive day, with 30-year holding around 5.25%

I believe an Intermediate Term (Months) Rally is underway. I'm adding double long UWM at 17.81 and QLD at 26.10.

Best, D

SSSS Today.
While all seven are now on sell, divergences have been not been pronounced, as yet anyway. But I've got to respect the momentum trend- especially when it turns negative in a primary bear market, as is the case here. I'll be selling rallies from here on out, rebuilding a short position. Starting from flat position here, and watchin' for good entries on short side. Fwiw. D

SSBS Today
No big surprise there, of course. I expect to be addin' long positions and if so will post them in real time, along with stops, below, fwiw. But first things first. Time to go study Decision Point .

[selecto]

Nice. Thanks.

[spielchekr]

I think you're gonna nail this one.

[inamosa]

I'm still inclined to be bearish for now even over the IT But, certainly I respect your call, IYB...you have a proven track record This week will tell us a lot about whether we can expect a retest (and possible break, even) of the lows soon enough before a bear market rally ignites...or whether we rocket forward without looking back I want to see how the $SPX responds to a near certain 4-10% correction this week (likely early this week) Any close above S&P 800 before the end of the month will have my attention

Edited by alysomji, 15 March 2009 - 01:13 AM.

[Rogerdodger]

Nice post Don.
Once again I took the liberty to copy this to the Investor's University Seven Sentinels thread. LINK
I believe your posted chart will be live so I substituted a screen shot to freeze it for reference.
When is your pay site going to begin taking subscribers?

[IYB]

Nice post Don.
Once again I took the liberty to copy this to the Investor's University Seven Sentinels thread. LINK
I believe your posted chart will be live so I substituted a screen shot to freeze it for reference.
When is your pay site going to begin taking subscribers?

Thanks for the very kind words Roger. TT has been provided the perfect testing ground as I've developed the SS's (and will continue to do so), because it holds me accountable in real time. Incidently, I've used momentum methodology for decades- but the SS's themselves are new, and have helped me clarify and sharpen trading implimentation. Good trading, Don