When I presented at the DC Worden Seminar two weeks ago, I asked the audience how many would buy a stock at a new high.  Only about 5% of the 200 people in attendance raised their hands. I was incredulous. All of them admitted they wanted to buy a stock that went to the moon, [...]

I am going to share with you  a strategy that has helped me to make money the past year.  It conflicts with most of the truisms that we have been taught about the market. But if we trade like most people do, than we can expect to have the results most have— to not make [...]

I used my favorite indicators to review the Dow 30 Index’s action since 1915, as this is how far back TC2007 allows me to track this index.  I looked at the monthly chart and the following indicators: 5 and 30 month simple moving averages and the 25.4.4 monthly stochastic. I am posting a chart of [...]

I identified the beginning of the new QQQQ short term up-trend on September 7th.  The GMI on that day registered  5 (of 6).  One of the lessons I learned from the great Nicolas Darvas is to use one’s own judgment and to insulate oneself from the news, media pundits and other traders.  He learned this [...]

As a tribute to the Thanksgiving Holiday, I thought I would share with my readers the trading philosophy I have developed over the years.  It is based on my 40+ years of experience in the market and the insights achieved from my voracious reading about the market during that period. My philosophy is based on [...]

It is rare that I complete an analysis whose findings totally surprise me, but take a look at this one.  A lot of the pundits claim that the ultra ETF’s,  leveraged baskets of stocks that try to double or triple the performance of their underlying indexes or sectors, fail to achieve their goals.  So, just [...]

I am getting tired of listening to all of the pundits saying that the current decline resembles the 1974 bear or the 1987 bear markets.  How about looking at some data!  So, I used my TC2007 market price history database to compute how much the Dow Jones Industrial average declined in prior bear markets after [...]

The basic principles of my method are in fact quite simple: Firstly, except in exceptional cases I only buy the stock of companies in new or developing industries, i.e., companies whose growth and earnings prospects look highly promising.  I never buy stocks in established industries, in companies with huge capitalizations, or in companies which are [...]

IT TAKES A ROCKET SCIENTIST! (Copyright ©  2005, by Eric D. Wish.  All rights reserved.) “There is no magic about buy signals. They are only devices by which we call our attention to stocks that have already begun to attract the attention of others.” Burton Crane, The Sophisticated Investor, 1964, p. 49 Can you believe [...]

This market just makes you want to scream, doesn’t it?  Now you know why I stay out of sick markets and sold my MHS days ago.  Here is a stock that broke to a new all-time high at the end of March and held up for a few weeks.  It seemed like a good “defensive” [...]