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Monday, 7 April 2008
New Article: Crazy Market Volatility Drives Some Analysts Loopy
Just posted a piece I wrote for today's Montreal Gazette newspaper here. Good luck this week!
5 comments:
Anonymous
said...
Hi Alex; Personally I could not handle the volatility of your trading. At this point your signals are for Dow and S&P to fall, but Russel and Nasdaq to rise. I simply do not see how they would be discordant as they usually move in the same direction together; in a sense you are now hedged in your positions. On the other hand your calls on the banks and silver have been right on. Best wishes for your continued success.
Thanks for your best wishes. I find when there are conflicting signals in a broader market like equities, it usually means a sideways congested period or bearishness. As well, I don't personally see much wrong with hedging one's position. The idea would be to make a profit on the spread between one index's rise and another's fall. I would also point out that the SPX signal is turning to bullish for April 21, tilting four of my five equities signals to bullish.
The fact that signals don't agree with each other isn't necessarily a sign of volatility. In fact, the idea is to lessen volatility within the overall portfolio with varying types of setups in different markets.
5 comments:
Hi Alex;
Personally I could not handle the volatility of your trading. At this point your signals are for Dow and S&P to fall, but Russel and Nasdaq to rise. I simply do not see how they would be discordant as they usually move in the same direction together; in a sense you are now hedged in your positions. On the other hand your calls on the banks and silver have been right on. Best wishes for your continued success.
Hi Ic,
Thanks for your best wishes. I find when there are conflicting signals in a broader market like equities, it usually means a sideways congested period or bearishness. As well, I don't personally see much wrong with hedging one's position. The idea would be to make a profit on the spread between one index's rise and another's fall. I would also point out that the SPX signal is turning to bullish for April 21, tilting four of my five equities signals to bullish.
The fact that signals don't agree with each other isn't necessarily a sign of volatility. In fact, the idea is to lessen volatility within the overall portfolio with varying types of setups in different markets.
Regards,
Alex
Hi Alex,
Is it possible to contact you directly? I tried your yahoo.ca account but it bounced back as a non-account. Cheers, Josie
Josie: You can also send me a comment with your email address and I can stop it from being published on this site.
Regards,
Alex
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