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Author: Michael Kahn

More confusion

In my Barron’s column I talk about upside targets based on the May trading ranges. Well, the Nasdaq hit its target intraday Thursday.Perhaps never shorting a dull market can mean don’t waste your time because we...

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Golden Cross update

This is a follow-up post to one from January on the same topic.http://quicktakespro.blogspot.com/2009/01/golden-cross.htmlThe Golden Cross is a trend following technique that gets you long when the 50-day exponential moving...

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Dull market?

While I still clash a bit with my editor on some headline issues, when I sent the article in today the Dow was still down 90 (before closing down only 24) Therefore, the tight range, low volume affair we’ve had for the...

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Inside Trendline

This chart was posted in a chat room but the trendline was poorly drawn. After scolding the poster about it, I though I should tell my blogees about it with my better-drawn trendline..What this shows is a line that supported...

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NRG

Well, gang, it happened. I had my first sighting of premium gasoline top 3 bucks at the pump this morning with a 30 cent spread over regular. Any wonder why I remain positive on oil and oil stocks?Today’s column was on...

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View from Pershing

Some disjointed observation at this show for registered investment advisors1 – Put a wig on one of the guys here and he is Bernie Madoff.  Omen?2- I heard from a connected soul that he could tell who was a broker....

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Yield Curve

I am far from a yield curve expert but it did seem that the flat and inverted curves we saw did indeed forecast the recession. And now, we hear that the curve is at a record spread from short to long end. Is that really true?I...

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Travel

I am off to the Insite 2009 (Pershing) conference for registered investment advisors in thunder-stormy Ft. Lauderdale. I look forward to posting some observations on the state of that industry and the psyche of their clients....

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Poppycoppock – the post

OK, here is my take on the now abused Coppock Curve. First, a definition:The indicator is designed for use on a monthly time scale. It’s the sum of a 14-month rate of change and 11-month rate of change, smoothed by a...

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