This is from the blog in September 20,2009.
This has been a longer than expected trend. It looks like the S&P will go to 1150 if the trend continues. That is my target. I am looking for the turn to take place some where between October the 9th and 12th. If it goes beyond the [...]
Continue Reading →It was amazing, but the truth is there were only two trends for the past year. We received the short signal in January and we got the long signal confirmed in early April. The short signal was very profitable and the last long signal gave the Wizard some very profitable calls. The calendar below shows [...]
Continue Reading →“There are some shorts that are available as aggressive trades and I will post them below.” When I said aggressive trades that was the case. We were in a choppy market and the market had not given us the main signal of double red. This is a perfect example of taking an aggressive trade and [...]
Continue Reading →We have a signal to get out of the market with the dark green showing up in the Long Term S&P. Now as always you can wait for the stop, or you can get out here and stay out of the consolidation area. However, I am not looking for Pre-Buys in this market. They would [...]
Continue Reading →Market will not quit……..A new buy signal
This retracement was short lived. The market has still got momentum pushing it higher. With all that is going on in the national and international arena, I am surprised that we are moving higher. With all of the money on the sidelines, it must be burning a hole [...]
Continue Reading →Dark Green means caution or get out of your trades
We have had a tremendous run since our April signal to buy the market. This is a time to be cautious and stand aside even though the stops have not been hit. There is no signal to take any more trades to the long side. [...]
Continue Reading →Gene’s Commentary
The winners from this trend have been spectacular. I have listed them below.
This has been a longer than expected trend. It looks like the S&P will go to 1150 if the trend continues. That is my target. I am looking for the turn to take place some where between October the 9th [...]
Continue Reading →The S&P, Dow, and the Nasdaq have all shown buy signals.
The Russell 2000 has delayed the buy signal for now, we will see if it follows suit. I am going to watch this closely and I will post any contradiction of these signals intra week, if something occurs. I am posting a copy of [...]
Continue Reading →Stocks
The markets are very volatile at the present. Too much manipulation in Washington and the other G8 financial circles. Whenever we get to these dark green or dark red areas I am going to cash and staying out of the markets. When I talk about dark green and dark red areas, I am referring [...]
Continue Reading →Great Results during this bull run
This is simple stuff. You do not have to be a genius to find a Double Green Pre-Buy to get yourself into a high probability trade. During the last eleven weeks we have done just that. The sector did not make much of a difference. It was a matter [...]
Continue Reading →Recent Posts
- We Have a Buy Signal in the SPY, But We’re Not Getting Filled… What’s Happening?
- Swiss Surprise? Not for The Wizard
- Could this be a repeat of 2008? Let’s hope so: The Wizard turns crashes into opportunities.
- U.S. credit downgrade. Europe in Turmoil. Are you prepared?
- The Market gave us a Sell Signal. The first S&P target is 1097 and the second target is 997.
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