usually when someone says bearish things on CNBS, the market goes up the next day. On the other hand, usually when Abby Joseph Cohen appears, the market goes down almost immediately thereafter, and that didn't happen this time, so maybe that indicator doesn't work any more.
It has been my experience that the TNA/TZA combination has been one of the most smooth, steady and regular of all ETF combinations. Once they penetrade their signal lines, they usually stay on that side of the line for quite a while, yielding fewer whipsaws than most. Does anyone else have any more "smooth and steady" ETFs or stocks to suggest? Stan
Baby It's Cold Outside
ReplyDeleteRobert Prechter was interviewed this afternoon by Maria Bartolemo on CNBC. .... MUST WATCH
melius est videre quod cupias quam desiderare quod nescias sed et hoc vanitas est et praesumptio spiritus
usually when someone says bearish things on CNBS, the market goes up the next day. On the other hand, usually when Abby Joseph Cohen appears, the market goes down almost immediately thereafter, and that didn't happen this time, so maybe that indicator doesn't work any more.
ReplyDeleteIt has been my experience that the TNA/TZA combination has been one of the most smooth, steady and regular of all ETF combinations. Once they penetrade their signal lines, they usually stay on that side of the line for quite a while, yielding fewer whipsaws than most. Does anyone else have any more "smooth and steady" ETFs or stocks to suggest?
ReplyDeleteStan