Thanks for this.........

The difference is something I am interested with.

glta

white wedding - billy idol

a modest and humbling mix.......

at a plateau of progress between 90 and 110% rewards since june. hits bounce from 250 to 600 a month. as it is, the current selections will pump it up quickly or yank the guts out. fingers crossed.

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID2939893

something i discovered about most longterm......

trading is to apply this technical scheme:



I am a technician and proponent of synchronous technical events. Those events for longer term positions require greater patience and maturity than I usually have to offer.

Note the studies and parameters. Note synchronous threshold violations in cci and %r of study cardinal elevations....... especially when roc is coming from a relative (extreme) high or low.

The importance of this is....... synchronous technical events suggest when the greatest of changes are about to occur. Unfortunately, UYG currently lacks that quality. This is not to say UYG has not reached a bottom. No tool is perfect. But I use this tool in helping me determine spots to trade for LONNNNNNNNG term positions....... lasting months and months if not years. Another is Alvim Alpha. One is posted on my StockCharts page in the monthly Dow.

I call this particular template, Big Chart. When a major market prints the signal it will be posted therein.

glta

piggies - beatles

there's a triangle in gold.......

a very large one. it could mean a pop the wrong way may be coming. the appex measured suggests 1200+ may be a target.



i'd say a convincing close above 900 and we are off to the races! i remain in the camp of more serious downside but i thought it would come later in the year. then, it could be like an earlier 2008 episode where all markets rise together.

if you draw trend lines about the various uppermost data points, one line has already been violated - friday. if you look at lesser duration charts in the xau or hui, they have been violated too. right or wrong, i'm heavy on xme, slv. i went in a few days ago.

glta

until you - dave barnes

I knew this at one time.........

Can anyone tell me the difference between $HUI and $XAU? I'm down to three brain cells. One is dirty. One is in the cleaners. One is asleep. Shhhhh. I'm looking for a technical market relationship to XME.

tia

shoot to thrill - acdc

I'm still holdin' most of it.......

cottonmather<------ new no monkeys sign on front door

shakin' all over - who

dang monkey! eom

radar..........



wedge line

freakin' monkey eom

Thursday made another technical........

appeal that I bought long and added to others (late yesterday and this morning).

An analogy I made long ago was an organ grinder and monkey with a cup come to the neighborhood, panhandle, then quickly leave. Freakin' monkey! (LOL)

glta

outside woman blues - cream

sometimes I wonder why I.......

try to trade at all.........

they be pullin' my pants down this mornin'

glta

smoothie song - nickel creek

60 minute moving trucks.........

DIG
IBB
XLE
XOP

30 minute dumplings

IYM
UYM

15 minute mighty maybe's

DDM
DIA
IYG
IYZ
PSQ
QLD
QQQQ
USD
XHB

glta

while my guitar gently weeps - beatles

thanks.........

I will set these up tonight to monitor.

glta

the world - brad paisley

squat on close today........

is bullish. several are looking very similar. i'd say the turn is here.

i got biotechs in pocket today - ibb and another one. in with about 63% of ammo on a big stable of 'em.

glta

good vibrations - beachboys

has anyone ever.......

grouped their etf list into pairs to be compared for buy/sell signals....... That is, has anyone ever compared DIG to DUG for a sell in one to generate a buy in the other? How well did that work?

I am going to group a few like that to make such a comparison, and study for a while. In sporadic looks I could not find concrete connections. Maybe application of comparisons to different chart durations could produce better.

There appears to be a lag or disconnect in technical views to compare. I'd like to find a connection to develop a trade from.

glta

triad - cpr

Yeah, but.........

It's a Friday. I found these etf's can be uncivil on the Friday close. I'm still liking the bull view but these etf things can make you scratch yer head sometimes.

glta

in memory of elizabeth reed - allman brothers

I found close to ten.......

divergence points on the Friday close suggesting a general market turn. At the same time DUG, Financials and near term real estate hint of look to go too.

glta

satisfaction - rolling stones

bullish SPY...........

I'm a fruitcake.........

And I don't see reason to go short much of anything unless it is a trade. I got SRS long in the 30 minute chart (yesterday open). That's a 5 to 10% swap. Technically, long remains the way.

Earnings pick up next week. Everyone expects the worst. A surprise here and there can perform wonders about now.

Did I tell I am a fruitcake?

glta

in my life - beatles

I believe I may be allowing the........

S&P to influence my decision to maintain my SSO position. There is not a direct relationship.

This is one of the dangers with etf's. We make relationships among them that do not exist. If a relationship does exist, it is not realtime or that of a mirror.

glta

not the doctor - alanis morisette

I went bullish a little bit after Christmas........

I'm about 58% invested. I even have silver and natural gas - gettin' weird. The S&P looks like it can't stand idle any longer. Techs too. Even the NAS was having trouble printing red early in the day.

I was talking to a guy at the library last night who works with mortgage underwriting. He says the government is getting very creative with enticing borrowers to get in - deals are incredibly attractive.

glta

satellite - dave matthews

Good decision...........

imo. Are you a bull or trading?

If semiconductors are moving, ya gotta be scratchin' yer head or bein' a bull.

All the talking heads are nervous about the employment report. I'm not smart enough to know. But most charts have an intermediate term bull lean on them - USD included.

glta

piece of my heart - janis joplin

I will come to the SRS board..........

but I will do it when there is reason to be bullish. If I go over there being anti-SRS my presence will be seriously questioned, if not attacked.

I remain bullish on most everything. (LOL) But that freakin' jobs report tomorrow may gut that notion. Many, many bull etf's were being accumulated late in the day (today).

I've been away gathering books to read this quarter. Man 'o' man. I'll be reading nonstop until late March.

glta

happy jack - who

glta

it turns out........

russia and the ukraine are playing hide and seek with natural gas in two pipelines that feed europe and a shortage is developing. russia is accusing the ukraine of stealing gas from the lines and the ukraine is accusing russia of not putting gas in them.

i hate when that happens.....

glta

we gotta get out of this place - animals

I did a natural gas vehicle in.......

my ira and she's been shovelin' coal like a mad man. My play was technical. I don't get it. Why are these things flyin'?

glta

wang dang doodle - savoy brown

Are you tight with...........

Ken? Nice fella. We are from the same spot (Cincinnati). Has he moved to New Orleans yet? I need get over to Seasonality and say hey.

glta

easy/cotton

my happy ending - avril lavigne

I am always looking for........

improved technical setups and simplifying existing ones. I ran across something while attempting to simplify an etf scan I use. It shows good promise.

Why I bring this up is in a recent backtest scan IYR has popped up a buy (on December 30). IYR is a bull real estate etf stock. I believe in this scan enough to suggest warning against SRS..... if one can safely assume IYR and SRS are inverse of each other by content direction.

Of course, I can be totally wrong and remaining brain cells need a cleaning. At the same time, my trust in the technique employed warrants a kind mention of my belief. Be reminded this new technique is still being tested.

I am not sure that exploring for technical events in etf's is the best way to trade them. The more I deal with them the more I find differences between them causing concern. Yet this new technique finds URE a buy on December 31. Time will certainly tell.

Testing will continue.

btw....... I discovered something today with writing scans in StockCharts. It is a true novelty for me: [group is etf] isolates the scan to only etf's. Until today I scanned a list I made.

glta

ticket to ride - beatles

URE........

I got out yesterday morning. The stock was in a triangle I was closely monitoring in the 15 minute chart when one of my dogs began shaking and having trouble breathing. I terminated the position and went to the animal hospital. The position would have been terminated anyway due to the bear violation of the triangle.

Angel, a highly trained 31 month old Golden Retriever and my best friend, had killed a turkey a few days ago and ate most of it. She shared it with Lilly, an 8 month old Golden Retriever, who got sick that day. Angel had an obstructed bowel and is doing better.

Up until a week or so ago my etf trading has been near term incorporating 15 to 60 minute charts. I own eight etf's at the moment - all are intended for intermediate term holding. I still plan to trade etf's in a near term scheme in addition to that investment plan.

URE has not been an investment vehicle for quite a while imo. Only a trade. SRS remains an investment although in a flat spot imo.

My trading methods are technical based employing synchronous events. Particular techniques vary from market to market. I like to think I am smart enough to determine what geopolitical and economic news means, but my history plainly and completely negates any such notion. So I trade charts. Sometimes I win. Sometimes I lose. Right now, I'm winning pretty good. Should I ever look overly intelligent, don't let me fool you.

I'll check out your link.

glta

didn't i see you crying - dwight yokam

do you ever wonder........

what the @$&#! you are doin'? I do. Right now.

Looks like dumpin' XME was not incredibly brilliant. But I did what I wanted for safety.

Bought some URE for a trade this morning (6.11), but it appears to be stuck on the toilet.

Still have SLV for a trade.

Maybe I'm gettin' contrary and malcontent in my older age.

glta

graces amazing hands - dave barnes

No..........

I took a class last semester about the decision making process. I was kinda kidding with myself. But it is true. Humans pick up a lot of baggage along the way that influences how we make decisions........ Not only THE decision, but how many of the judgments are developed in determining a decision. In other words, most of us are really screwed up. (LOL)

I am not inferring you are incorrect..... only that we can influence ourselves with that baggage and allow something to trigger it in a decision. Let's Make A Deal and Deal Or No Deal are perfect examples. Why fight mathematics if you want to win the most you can? Monty and Howie are there to take that away.

The volume does match the pattern in SLV.

I have read that silver is a better indicator of inflation than gold and it regularly demonstrates price relationships with oil that reflect the future. I am not sure how. But I did see something about that in StockCharts.com and should I see it again will post a link.

Have you heard of Luiz Alvim? He is or was a Portugese mathematician and technical analyst who created some interesting tools in determining trend changes. The Dow has signs of a bounce coming using his stuff..... Not a change, but a good bounce.

The hammer you posted in the SPX usually affords change.

There several signs about suggesting change is upon us. I hope it is tradeable. I began going cash the fall of 2007 until late spring of 2008 (in ira). And recently began trading etf's to get the ira active again. Lucky me. I went in about 60% on the close yesterday with mutual funds and etf's.

We'll see, huh?

glta

The End

wind under the wing - jim brickman

took 6% on XME.......

volume getting very low...... no sense being a pig in that barnyard.

Happy New Year, everyone! May the coming year be safe and prosperous for you and yours.

glta

soak up the sun - sheryl crow

If you look at a one year chart........

of gold contracts you can see a distinct trend line across the uppermost reaches. The price is at that point now. Speculators suggest its violation would certainly result in matching the 1040 high and possibly reaching 1200 later on. The problem is, etf's and relative industries; ie, miners, often do not follow the gold lead.

I did XME and SLV yesterday for a trade hoping for 5 to 7%. I'm still long but anticipate departure at any time. The mention of a potential cup and handle was a surprise. I need be careful it does not influence me in the near term.

glta

poetry man - phoebe snow

I'm going out on a limb.........

I will begin investing about 60% of my ira which is about 90% cash at the moment - half in mutual funds; half in etf's. I see a technical event in the S&P today that favors intermediate term growth. I'll let you know how I do in a couple months. The remaining 40% will be devoted to trading etf's and stocks.

A chart noting this event can be found here:
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID2939893

Fidelity Select Gold printed a long term buy last Monday. I did not see it until today. I think the GDX did too..... gotta double check that etf symbol.

Gotta lot of work to do.

glta

politician - cream

well, crap............

peed in my pants

glta

into the mystic - van morrison

interesting..........

Even with this insight, when you compare DIG to DUG the price correlation is slightly biased today to DIG when (perhaps) oil itself favors DUG. I guess a slight favoritism among etf participants exists for being long oil.

I did SLV and XME this morning and wonder about those relationships. This one appears to have greater differences between the metal and miners. I suppose some things will never be known.

glta

shoot to thrill - acdc

thanks.........

regular hours data took me out @ 5.71. In this example, the all data chart has proven correct, but usually does not.

btw..... my dad's nick name was frenchey. He was a German who lived in a German neighborhood in Flatbush during the depression. He had a French girlfriend whose nationality neighborhood he had to travel. It was said he developed a French acsent when in the neighborhood to keep from getting cut up. Knives were the weapon of choice back then. He had several large scars from such fighting.

glta

bad sneakers - steely dan

etf data question.......

A problem I have with etf's is my software and trading technique combination. The combination used is nearly identical to my futures setup, which is wonderful and all data are employed. The problem occurs when etf premarket data is incorporated or not incorporated.

The etf premarket data is trivial relative to regular hours data when included to a second platform except when considering it as an equal for consideration. For example, StockCharts data, which employs only regular hours data, signals a buy URE @ 5.85 Friday afternoon. DTN data, which employs all data, offers no signal until this morning as a sell @ 5.83. Often, the StockCharts signal prevails, but not always, although after mathematical turmoil.

My question is, how many here incorporate all data in their etf trading and how many do not.

For better or worse, long URE @ 5.81 for a trade.

glta

st teresa - joan osborne

they are what is playing.....

at the time of the post.

someday baby - bob dylan

I was watching Fast Money.......

Friday evening and the heads were telling how oil storage capacity was full and this is what was keeping prices high..... a premium of sorts being paid to store it. At the same time, the consensus is it will reverse trend (long term) once this corrects and producers slow just a little more. I hate it when I agree with them. I think this is a bump coming but if you have the guts to wait it out, you will be rewarded nicely.

All said, I appreciate Fast Money heads far more than others.

glta

you really got me - kinks

Several bull etf's are turning to........

favor (it seems). 60 and 30 minute varieties suggest a near term trade is underway - DIG, IYR, URE, UYM, XLB, XLE. Must be a distinct (near term bump) market change underway. Be reminded this occurs on low volume. Nonetheless, I'm buying a few of these.