Comments on: Speculative Trading Lends Credence To “Rally Losing Steam” Thesis

By: Bradly Hemperley

Bradly Hemperley — Thu, 14 Jan 2010 16:24:13 +0000

I tend toward utilizing robotic systems myself, but I can definitely accept the points you’re putting out in this post. You have more background and better viewpoints than many of the self-appointed gurus who are lecturing about trading on the internet. Thank you for the helpful article.

By: Senan

Senan — Tue, 22 Sep 2009 22:21:33 +0000

Well, this post is about a month old and it looks like the ‘speculation’ has continued. There’s the odd blip but market keep going higher, particularly on weak dollar. Where does it end. I’m certainly sitting on the sidelines for now for fear of getting trapped.

By: Cole

Cole — Tue, 01 Sep 2009 03:12:27 +0000

I think the volume leaders are a good indicator of where the market is going. Ironically, much like real bulls, the herd follows the leader. If Fannie, Freddie, Citi and AIG are all overpriced, then the whole market will follow them off the cliff when they correct. Simply because they were leading the rally, even though many of the other stocks are still good buys. According to this method of prediction, tomorrow should also be a correction day 9/01/09. I had a feeling this would happen, but you called it on the record. Very nice. I have a growing confidence in your positions. :)