Posts Tagged ‘ Technical Analysis ’

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Feb 01.10 / Dr. Wish
Short term down-trend deepens; QQQQ Guppy chart ominous; In cash

I started teaching two classes on technical analysis last week and will explain more of my concepts and include informational links, as many students will be new readers.  My General Market Index (GMI) keeps me trading with the general market’s trend.  The GMI is a count of 6 short and long term indicators.   Because I [...]


Nov 26.09 / Dr. Wish
My Trading Philosophy and Why I Use Technical Analysis

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 [...]


Jun 14.09 / Dr. Wish
How my General Market Indicator (GMI) and technical analysis kept me and my 401K out of the bear market

Many of you have requested that I post a chart showing the recent performance of the GMI over the past year.  The GMI, though not perfect, has successfully kept me on the right side of the market through the 2000-2002 and 2008 bear market declines.  I simply go to cash in my university pension and [...]


Jun 07.09 / Dr. Wish
Why search for individual stocks when we can ride the ultra ETF’s?

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 [...]


Mar 15.09 / Dr. Wish
Jon Stewart: media pundits failed us–but I wrote last June that banks and markets looked sick

It’s is great that Jon Stewart informed the world last week that the media pundits at CNBC  failed to provide accurate information about the impending financial crisis.  But by using technical analysis, I warned my readers last June what the charts were telling me and transferred my pension money  out of mutual funds to money [...]


Feb 15.09 / Dr. Wish
Jim Cramer finds (TA) religion; TSYS: cup with handle breakout? Indexes are weak, but some promising IBD100 stocks appear

I know that the GMI has kept me and, I hope others, out of the long side of this market since at least August 2008, the last time that the GMI was 4.  I prefer the GMI to be at least 4 before I commit many IRA funds, and especially my university pension,  to the [...]


Jan 11.09 / Dr. Wish
About

My name is Eric Wish. Over the past 40 years I have learned how to successfully trade stocks. I have managed to avoid every bear market since 94. I multiplied my IRA 13x and got out of the market in 2000. My portfolio gained 50% in 2003. I came in 5th in the Barron’s [...]


Jan 05.09 / Dr. Wish
I’m up 1200%, as my fellow boomers and college students get screwed again; QQQQ in 17th day of short term up-trend; GMI: 2; GMI-R: 6; T2108: 83%; 10 IBD100 stocks at new highs

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, [...]


Oct 22.08 / Dr. Wish

Oct 13.08 / Dr. Wish



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