Friday, May 22, 2009

FAZ & TBT

A quick look at FAZ and TBT:


Note the False Bar Stochastic as well as the levels where both instruments reverse their current trends.


A

7 comments:

Anonymous said...

Allan,maybe today making a new leg up, at least for several weeks .target for indu still 9k, the bias still remain bullish. afraid to against it

Anonymous said...

I don't know what I'm looking at. Are you saying the chart is indicating a bullish turn for FAZ? Does it indicate as to how long the bullish turn will last cause so far, any turn hasn't lasted for more than a day.

Allan said...

I don't know what I'm looking at. You're looking at my blog.

PENN STATE Eric said...

If FAZ turned you'd go FAS, simple enough.

Anonymous said...

Your blog sucks......me in!!

Anonymous said...

Penn State Eric:

Are you aware that the Nittany Lions suck the "big one"?

On this blog we have a rule: Go Hard, Go with Allan, No personal Opinions or GO HOME.

This blog is about Allan. Period. Want to trade Cramer, fine but I'm sticking with Harris through thick and thin.

I admit, following his picks is far more "thick" than thin but we ar4e here to shut up and do what he says.


ALLAN HAS NEVER SAID HIS TRADING STRATEGIES MAKE US MONEY ONLY THAT HE LIKES THEM.

PENN STATE Eric said...

Internet tough guy huh?! So tough couldn't even leave a fake name. Maybe you should go take out your frustrations on your boyfriend.