Warning: Use of undefined constant ddsg_language - assumed 'ddsg_language' (this will throw an Error in a future version of PHP) in /home/forge/www.edwards-magee.com/wp-content/plugins/sitemap-generator/sitemap-generator.php on line 44
Technical Analysis of Stock Trends | Archive | September
Warning: Use of undefined constant style - assumed 'style' (this will throw an Error in a future version of PHP) in /home/forge/www.edwards-magee.com/wp-content/themes/busybee/functions.php on line 247

Warning: Use of undefined constant vid_cat - assumed 'vid_cat' (this will throw an Error in a future version of PHP) in /home/forge/www.edwards-magee.com/wp-content/themes/busybee/header.php on line 34

Archive for September, 2014

Fool me once, shame on me. Fool me twice…

Posted on Sep 26, 2014 by .

0

Warning: Use of undefined constant vid_cat - assumed 'vid_cat' (this will throw an Error in a future version of PHP) in /home/forge/www.edwards-magee.com/wp-content/themes/busybee/archive.php on line 57

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p83257770514&a=266398464 The little downwave (or downwavelet) of early September puzzled us somewhat as we took it at first as an a-b-g-z (or a-b-c in Elliott speak) formation.  But then the b wave took off and we thought that was the end of that.  Well maybe it wasn’t.   The lurching downwave of the last six […]

Continue Reading

Head fake…?…

Posted on Sep 25, 2014 by .

0

Warning: Use of undefined constant vid_cat - assumed 'vid_cat' (this will throw an Error in a future version of PHP) in /home/forge/www.edwards-magee.com/wp-content/themes/busybee/archive.php on line 57

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p83257770514&a=266398464 We have often remarked on the tendency of the market to sell off before starting an advance — like a quarterback throwing a head fake at defensive backs to send them in the wrong direction.  Sometimes this is called the speacialist fake, as specialists (when they were more important) threw traders off  by sending […]

Continue Reading

Hajibaba…

Posted on Sep 19, 2014 by .

0

Warning: Use of undefined constant vid_cat - assumed 'vid_cat' (this will throw an Error in a future version of PHP) in /home/forge/www.edwards-magee.com/wp-content/themes/busybee/archive.php on line 57

Don’t be the greater fool.

Continue Reading

A compensation scheme disguised as an investment strategy: hedge fund

Posted on Sep 18, 2014 by .

0

Warning: Use of undefined constant vid_cat - assumed 'vid_cat' (this will throw an Error in a future version of PHP) in /home/forge/www.edwards-magee.com/wp-content/themes/busybee/archive.php on line 57

In the news, Calpers dumps its hedge fund investments.  Reason, expensive and underperforming.  A witty c0lleague of ours (lamentably we’ve buried his name –we always like to give credit) remarked that hedge funds were a compemsation scheme disguised as an investment strategy, and that appears to be true.  Take away the front running and the […]

Continue Reading

Paranoid market on a hot tin roof…

Posted on Sep 13, 2014 by .

0

Warning: Use of undefined constant vid_cat - assumed 'vid_cat' (this will throw an Error in a future version of PHP) in /home/forge/www.edwards-magee.com/wp-content/themes/busybee/archive.php on line 57

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p83257770514&a=266398464 While we wait for the market to confirm the breakout of 2000 it would be interesting to assess the present state of the market.  Paranoid cat on a hot tin roof.  Investors shift to and fro fearing that Janet will yell at ’em.  Clueless money managers start reserving musical chairs when the music hasn’t […]

Continue Reading