Periodicity in the energy sector

Published by Mr. Contrarian

this is uncanny. using a “money flow” technical indicator, past extremes in the recent past in 2008 for the energy sector have been:
May21st overbought
July 9th  oversold
Aug 29th overbought
Oct 16th  oversold
Dec 5th   overbought
 
sorry, december 5th hasn’t happened yet.  for that matter, November 5th hasn’t happened yet either.  How did I get december 5th?
 
May21-July 9th     49 days
July 9 - […]

Post a comment . Nov 04, 2008
Filed under: Energy, Investing, Technical Analysis, seasonality, , , , , , ,

It was the night before the US election, and not a creature was stirring….

Published by Mr. Contrarian

excerpts from yesterday’s post at www.timingthemarket.ca:
Technical indicators continue to confirm that U.S. equity markets reached a capitulation low on October 10th. Many S&P 500 stocks subsequently have formed a broad three week trading pattern. Typical of a market that is in a base building phase! Many TSX stocks have formed similar patterns. Stocks in the […]

Post a comment . Nov 04, 2008
Filed under: Investing, Market Timing, Politics,