All of my indicators have turned negative again and I am back to cash.  I have considered buying some QID, but with my short term moving averages being flat, I will probably get repeatedly whipsawed as the indexes move above and below their averages.  However, at some point a real tradable trend will develop. There [...]

The GMI-R fell one, to 5 on Wednesday. There were only 5 new highs and 12 new lows in my universe of 4,000 stocks on Wednesday.  None of the 5 new highs were on my IBD100 lists from the past year.  The QQQQ completed the 20th day of its short term up-trend.  The T2108 indicator [...]

The QQQQ short term up-trend continued and completed its 19th day on Tuesday.  The GMI and GMI-R remain unchanged, at 2 and 6, respectively.  A note of caution, however, is that the Worden T2108 Indicator hit 89%, about as high as it gets during an up-trend.  This means that 89% of the NYSE stocks closed [...]

I escaped 2008 with a small loss in my account (-5%).  Not bad, compared to how the indexes did (down 35-40%), but not great, given that I did trade some short positions (with puts) during the year.  On December 24, IBD published a table listing the performance of the best growth mutual funds since April, [...]

The markets showed some life on the last days of trading for 2008.
The GMI remains at 2 (of 6), but the more sensitive GMI-R is now a 6 (of 10). The last time the GMI-R was at 6 was on August 28.  And the Worden T2108 indicator is now at 72%, not far from the [...]

The Worden T2108 Indicator is now at 61%, the highest reading since August 28.   This means that 61% of NYSE stocks closed above their 40 day moving averages.  This reading places this market pendulum close to the area where tops have occurred (above 70%).   There were 11 new highs and 65 new lows in my [...]

The cash secured puts I sold all expired unexercised, so I made money the past month.  I will write about this promising strategy in the future.  Meanwhile, the indexes are in up-trends, but still relatively weak.  This week we shall see if we can get more confirmation of the up-trend.  I will sell more puts [...]

The QQQQ short term up-trend is now in its 4th day. 
However, there were only 4 new highs and 100 new lows in my universe of 4,000 stocks on Friday.  Still, 58% of the Nasdaq100 stocks closed above their 30 day averages. The GMI closed at 2 (of 6) and the more sensitive GMI-R is at [...]