Monthly Archives: December 2012

What Return?

This is the time of the year when performance statistics are published in the blogoshpere. One of the parameters reported is the arithmetic 1-year return for stocks, commodities, currencies, funds, etc. But what return? The details of the calculations are usually left out. Here is … Continue reading

Posted in Market Statistics | Tagged , , , , | Comments Off

S&P/ASX 200 Index and Straits Times Index in Overbought Territory

The Australian S&P/ASX 200 index and the Singapore Straits Times index have both entered overbought territory. Although as of the close of Friday both indices were up substantially on a YTD basis, 2-year returns are still negative. The probability of a correction … Continue reading

Posted in Technical Analysis | Tagged , | Comments Off

Price Action Lab Alert for Friday, December 28, 2012

A scan of historical data of 12 popular ETFs produced one long signal for entry at the open of Friday, December 28, 2012, with profit target/stop-loss of 2%.  The pattern that generated the signal performed well when backtested on the portfolio of the 12 … Continue reading

Posted in Price Action Lab Alerts | Tagged | Comments Off

Price Action Lab Alert for Thursday, December 27, 2012

Although trading during this time of the year is usually slow, some opportunities emerge once in a while.  A Price Action Lab scan of S&P 100 stocks for high probability setups for entry at the open and 2% profit target and stop-loss generated … Continue reading

Posted in Price Action Lab Alerts | Tagged | Comments Off


The fundbusters team includes your familiar quant blogger, your local college professor and everyone else who can identify an edge and publish the results in a journal or in the blogosphere. As fundbusters keep on getting satisfaction from publishing edges rather than from using … Continue reading

Posted in Warnings | Tagged | Comments Off

Predictions for 2013

I took the crystal ball out of the closet and here are my predictions for 2013. Share

Posted in Technical Analysis | Tagged | Comments Off

Recommended Posts About Price Action Lab Software

The following posts about the features and operation of Price Action Lab are recommended to those who are interested in the software. Share

Posted in Price Action Lab Patterns | Tagged | Comments Off