Replies to post #9150 on S&P 500 Analysis & ETF Trading

[kiy]

Down ...?
Is this all in metals/commodity type investments...if its gold/silver you're not down 30%...

We have a """""Quadruple"""" witching day tomorrow...fun...!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

(This is a summary of what you need...its near the top of the Intro page...
"To achieve satisfactory investment results is easier than most people realize; to achieve superior results is harder than it looks." - Benjamin Graham

Buy low... sell High. Relative to what...? (the answer is here...E=mc²...) ...kiy Everything Is Energy (E=MC2 thing is Bollinger Bands=CCI =%B...and price is the best indicator=%B really is price shown as a percentage within the Bollinger Bands...
The central philosophy of contrarian investing is founded on the belief that the worse things seem to be, the greater opportunity there is for profit. The trickiness of contrarian investing is deciphering Mr. Market's rationality from its irrationality. (MF)

TimeFrame Trading
Make sure you are trading in the direction of the trend. Buy dips if the trend is up. Sell rallies if the trend is down. If you’re trading the intermediate trend, use daily and weekly charts. If you are day trading, use daily and intra-day charts. In each case, let the longer timeframe chart determine the trend, and then use the shorter term chart for timing.

Moving averages provide "objective" buy and sell signals/clues. They tell you if the existing trend is still in motion and help confirm a trend change. Moving averages do not tell you in advance, however, that a trend change is imminent.
Oscillators help identify overbought and oversold markets=stochastics. While moving averages offer confirmation of a market trend change, oscillators often help warn us in advance that a market has rallied or fallen too far and will soon turn.
BUY low/Sell high relative to WHAT...answer...relative to the parameters of the Bollinger Bands...

Mean reversion is a mathematical concept sometimes used for stock investing, but it can be applied to other assets. In general terms, the essence of the concept is the assumption that both a stock's high and low prices are temporary and that a stock's price will tend to move to the average price over time. = the center line of the Bollinger Bands...

The "what" (price action) is more important than the "why" (News, earnings, so on). All known information is reflected in the price. Buyers and sellers move Markets based on expectations and emotions (fear and greed). Markets fluctuate. The actual price may not reflect the underlying value. (stockcharts.com) = crowd behavior/madness of the crowd...

...and don't listen to what Kiy says...listen to what the chart signals say...
Enjoy

[kiy]

PVG Gold...
As investors dump precious metals stocks en masse, this is one of the babies being thrown out with the bathwater and offers long-term investors tremendous value.
http://seekingalpha.com/article/1693932-pretium-resources-current-valuation-offers-acquirers-an-accretive-transaction-even-at-a-40-premium?source=yahoo

Based on the estimated economics of the Brucejack project, Pretium Resources is undervalued and using a conservative $700 per gold-equivalent ounce life-of-mine cost, this company should be valued closer to $11.00 per share rather than its current $7.50 valuation. If bulk-sampling results verify the project economics (and some drill intercepts are looking very good), then Pretium Resources can easily offer investors almost a 50% return based on a conservative $700 gold-equivalent ounce life-of-mine cost (investors should remember that the average cash cost for miners was more than $700 in 2012), which means that this company is one of the few explorers and miners that is significantly undervalued even at current gold prices and does not need a large rise in the gold price to justify an increase in its share price.

As investors can see, even though the Brucejack project is fairly large, it is not the largest project in terms of gold reserves; with other explorers having larger potential deposits such as International Tower Hill's (THM) Livengood project (almost 10 million gold ounces) and Chesapeake Gold's (CHPGF.PK) Metates project (18 million ounces of gold reserves). But the true value of Brucejack lies in its high-grade characteristics, which makes it much cheaper to actually mine the gold - grade almost always trumps quantity when it comes to exploration companies.