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Strategies & Market Trends : Humble1 and Swing Trading Friends -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (17591)	1/31/2015 9:45:10 AM
From: bearshark	Read Replies (3) \| Respond to of 41038

Bob: The INDU and the SPX charts that I posted say that the bull market in equities that began in March 2009 is over. I'm not going to argue with them. I'll respect them until they are proven wrong. Currently, I'm trading fear. Gold is fear. U. S. Bonds are fear. Look at the gold chart. stockcharts.com Some think it may have turned the corner. Of course, if they are wrong they will be choking on gold. As nutty as it seems, I scalp NUGT, the surrogate for the gold miners, and watch its components and GDX during the day. There is a bit of a lag between Gold and the miners' surrogate. I wouldn't say its calming but it slows things down a bit. With Gold recently moving 30 dollars a day, you need a barf-basket handy. I listen to bond-bears every day. Lately, they think that fear may have left the U. S. Bonds. Alternatively, they swear bonds can go no higher. Look at the short surrogate for U. S. Bonds. stockcharts.com It has not reached 70 RSI for about 18 months. Talk about barf-baskets. If we see a flash 1000 point INDU drop, I'll try to scalp fear with the bond surrogate short--TBT or TMV. Of course for that to happen, the dippers would have to leave the market. As for equities, I would need a healthy drop to become a buyer of some surrogate long. At that time, I would dump my SDOW too.