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Author: Jeff Pierce

Quick Open Update

I think we may have a good opportunity to get short some stocks today but I don’t want to jump blindly in front of this morning’s bull stampede. This rally could sucker in some traders who were sitting on the...

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One Way to Use the ADX

After reading a recent comment I decided to take a closer look at the Vix on a different timeframe than I normally view it. I don’t use the ADX indicator (seen below chart) very much these days, but in more...

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Potential Line in the Sand

If the bulls are going to make any type of stand here they have to defend this line in my opinion. It’s not even that great of a victory, but at least it’s something that the bulls would be able to build off of. A...

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Decoding Buffet

via Marketwatch The economy “can’t turn around on a dime” and a turnaround “won’t happen fast.” Five years from now, the economy will be running fine. The strength of the American system will...

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TSX Holding Up Well

The mere fact that this index hasn’t really broken support and caved in is a good sign. We could bounce soon here and rally 10% or so back to it’s recent highs before turning lower without doing much technical damage...

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Eyes Wide Open

These two videos compliment each other nicely. The real problem with taxes, the Fed and the Government is that the Government borrows money from a private institution (the Fed), and the money that the Government collects in the...

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AAII

Via SentimenTrader via TradersNarritive…pointing out a new record low. My previous analysis and this data seem to correlate with one another. clipped from www.tradersnarrative.com...

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Bullish Ponderings

In this post I want to present a case for the long side that many people may not even be considering because sentiment is so bearish right now and everbody is uber focused on Dow 4000. Anybody who has been reading zentrader for...

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Law of Attraction

Think it doesn’t work? I have had some strange coincidences happen to me that I want to share because they are so bizarre that I wanted to write them down before I forget them. Just a few minutes ago I watched this video....

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