Hanky Posted October 13, 2005 Report Share Posted October 13, 2005 sorry folks but CT goes to cash already and I will be closing this short trade for a slight profit at the open today 10-13-2005. Warpsawed again CT signals cash HOM remains ON SELL Link to comment Share on other sites More sharing options...
Hanky Posted October 15, 2005 Report Share Posted October 15, 2005 Weekend Update: This market continues to play havoc with my systems and many others it seems. Traditional measures have us Dover Sole here and a bounce of some substance due. Also we are soon entering the seasonal strength period of Nov-May. But market action has been the sickliest all year and my HOM system is now on a SELL with a moderately bearish configuration. I really thought we were about to make a plunge and had better expectations for the CT signal but this market did not cooperate as usual and I am really at the point of completely giving up on trying to make any anticipation intermediate term on what this thing will do. Just going to post my signals and trade them and maybe make a few comments but forget even trying to guess at anything. We are in a big messy consolidation both LT and IT from which anything can happen in the SP. Much easier to "predict" once LT trends are in place such as in OIL. HUI still needs to make a break from it's prior high and confirm POG for me to feel good about it's renewed potential. So for now: HOM = SELL CT = CASH Have great weekend everyone! Hank Link to comment Share on other sites More sharing options...
Guest Posted October 15, 2005 Report Share Posted October 15, 2005 Thanks for the updates hank Link to comment Share on other sites More sharing options...
Hanky Posted October 19, 2005 Report Share Posted October 19, 2005 Just going to post my signals and trade them and maybe make a few comments but forget even trying to guess at anything HOM switches to BUY for open 10-20-2005. CT signals BUY for the open 10-20-2005. We will be opening a long position in QQQQ at the open tomorrow unless the futures are down sharply. Hank Link to comment Share on other sites More sharing options...
Black Prince Posted October 20, 2005 Report Share Posted October 20, 2005 Is there a reason you do not post on the other threads. I am looking to sell my calls tamale and reshort based on EW and general stupidity. Link to comment Share on other sites More sharing options...
Hanky Posted October 20, 2005 Report Share Posted October 20, 2005 OK we are LONG QQQQ at 38.71. Despite todays decline the Nas 100 held up pretty damn good with not unexpected profit taking after Weds big move up. Dow and SP as well did not give up all there gains. Anyway signals all remain bullish, see if I can still get another winner this year but my expectations are nil. Hank Link to comment Share on other sites More sharing options...
Hanky Posted October 29, 2005 Report Share Posted October 29, 2005 Weekend Update: HOM = BUY CT = BUY We are long QQQQ and down slightly so far on this trade. This surge in the financials during this consolidation is contributing to the bullish status of my signals. Link to comment Share on other sites More sharing options...
Hanky Posted October 29, 2005 Report Share Posted October 29, 2005 We don't foresee energy price leaps spreading to general inflation, but the energy dent on incomes will hurt more than just low income renters when the housing bubble bursts and destroys the appreciation homeowners have relied on to support their spending.Before the housing-led recession unfolds, the Fed will probably invert the yield curve to the detriment of regional banks and other spread lenders. A Gary Shilling Shilling has been preaching "good" deflation for over a decade and been right on with his calls all along so I pay attention to him! Was out yesterday checking out high end real estate here in NE Wisconsin. For rent signs and many price reduced signs on them as the inventory builds. My RE agent neighbor finally relenting things seem to be taking a bigger turn down...she is going back to cutting hair in her extra time now. Hank Link to comment Share on other sites More sharing options...
Hanky Posted November 1, 2005 Report Share Posted November 1, 2005 HOM = LONG CT = LONG Most bullish readings all year, in the black and staying long QQQQ. Hank Link to comment Share on other sites More sharing options...
Hanky Posted November 3, 2005 Report Share Posted November 3, 2005 As difficult as it is to report, this continues to be the best LONG opportunity I have seen all year! Staying Long QQQQ, adding a bit more to the position today on any weakness. Hank Link to comment Share on other sites More sharing options...
Hanky Posted November 5, 2005 Report Share Posted November 5, 2005 Weekend Update: This trade is going well and thus far we are up 3.5% or 1.3 points on our QQQQ position Nice to see GOOG and TASR doing well again Readings remain bullish: HOM = BUY CT = BUY Link to comment Share on other sites More sharing options...
Hanky Posted November 10, 2005 Report Share Posted November 10, 2005 Trade continues to gain ground and doing nicely. A somewhat overbought ST condition earlier in the week resolved and yesterday readings turned extremely bullish. This move today should have good follow through. If you are not already enjoying this, it's not too late and I would jump in at any ST weakness. HOM = BUY CT= BUY All the seasonal folks are giving each other a nice rally as they pile in on cue and I think the matrix elite ("pigmen") will let it ride for at least another holiday bash! Staying Long QQQQ...more in the weekend update. Hank Link to comment Share on other sites More sharing options...
Abby Justa Colon Posted November 11, 2005 Report Share Posted November 11, 2005 Excellent Hanky...love your work. Link to comment Share on other sites More sharing options...
Hanky Posted November 11, 2005 Report Share Posted November 11, 2005 Thanks AJC! Just doing my best to help us out trying to pick a few nickels out of the pigmen's pockets. I think if my signals are used along with docs cycle work you will make money most of the time. What I see is a lot of over-trading being done here at CS. Only take trades when there is a lot of confirmation in preferably 3 or more non-correlated trading systems. My FCS actually has this incorporated into it but the more the better. The financials have really been key in supporting this latest rally and as I have mentioned often before must participate in any sustained rally...this is one of the primary reasons I think this current move could be a biggy. I may look at the sector ranks and play a few strong component stocks. Definitely the best long trading situation of the year. Now up 5.17% and holding LONG QQQQ. CT = BUY HOM = BUY Have a great weekend everybody Hank Link to comment Share on other sites More sharing options...
Hanky Posted November 19, 2005 Report Share Posted November 19, 2005 CT Weekend Update: HOM = BUY CT = BUY We continue to hold our long postition in QQQQ now up 7.1% or 2.74 points since the buy signal 10-20-05. Indications remain bullish although somewhat ST overbought at the moment. I still think they will rally it a bit into the holiday next week. As any experienced trader knows one of the strongest seasonal tendencies is the Santa rally especially if the market comes to life this early and small caps also tend to be the big winners. The market also has a strong tendency to form major tops in January and March. Also it now looks as though the other VERY STRONG decennial cycle of positive "5" years is once again playing out. We now have many new index highs for the year including the SP and NDX and also new highs for this cyclical bull (since 2002). My crystal ball will be brought out once again at New Years with my usually wrong prognostications for your current amusement and future laughter. Hank Link to comment Share on other sites More sharing options...
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