Monthly Archives: August 2011

P-Indicator Results for SPY and QQQ Show an Upward Bias

As of the close of Tuesday, August 30, 2011, p-indicator results for SPY and QQQ show a positive upward bias for 3%, 4% and 5% price envelopes. Share

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What is Next for QQQ After a 3% Rally?

The market had a good run yesterday with the Dow Jones Index closing up 2.3% and with S&P 500 and Nasdaq rallying 2.8% and 2.9%, respectively. These major stock market indices are close to retracing 50% of the downward move that started near … Continue reading

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Optimal Position Size Methods and Other Misconceptions

Optimality usually refers to a solution to a problem derived with respect to some objective function. A solution that is optimal with respect to a given objective function can be non-optimal with respect to another objective function. In trading, for example,  there is the well-known %Kelly method for calculating position … Continue reading

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p-indicator Results Point to More Volatility

As of the close of Tuesday, August 23, 2011, p-indicator results for SPY and QQQ point to more volatility and indicate a bias in favor of another drop in the short term. Specifically, a negative bias was calculated across the board … Continue reading

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GLD Update: Parabolic Move May End Soon

As I noted last week GLD has gone parabolic since the beginning of this month. I leave it for others, more qualified than me, to investigate whether this move is justified or not. As far as I am concerned it is not but … Continue reading

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