The home of the innovation of the Logarithm of Time as applied to the Markets.
We also watch for and correlate with major Bradley dates and Fibonacci Time and Price sequences.
Mark: The following article has two rather interesting points. http://www.marketoracle.co.uk/Article16447.html 1. "Robert McHugh, a famed technical analyst, 80% of the market gains occurring since March 2009 have come on just 30 Mondays. Put another way, you could have bought stocks on Friday afternoon, sold them on Monday at noon, and ignored the rest of the week and roughly mirrored the S&P 500’s blistering performance." 2. "Tyler of Zero Hedge also points out that the market actually hasn’t produced a gain since September during the 9:30-4PM trading session. Instead ALL and I mean ALL of the gains produced between that time and year-end occurred during the overnight session in the futures markets:". Chart shows this!
3 comments:
Mark: The following article has two rather interesting points.
http://www.marketoracle.co.uk/Article16447.html
1. "Robert McHugh, a famed technical analyst, 80% of the market gains occurring since March 2009 have come on just 30 Mondays. Put another way, you could have bought stocks on Friday afternoon, sold them on Monday at noon, and ignored the rest of the week and roughly mirrored the S&P 500’s blistering performance."
2. "Tyler of Zero Hedge also points out that the market actually hasn’t produced a gain since September during the 9:30-4PM trading session. Instead ALL and I mean ALL of the gains produced between that time and year-end occurred during the overnight session in the futures markets:". Chart shows this!
Hi Bill,
Yes, market manipulation is evident here..
The whole system so crooked, even a casino is probably cleaner...
Mark
I am not a big fan of market timing. I am even less a fan of market timers.
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