S&P Rising Wedge Pattern

Posted by Investing Freak on May 12, 2009
Market Analysis / Comments Off on S&P Rising Wedge Pattern

I wanted to post this chart of the S&P with the following indicators added.
Bollinger bands with 2 SD’s and also the 36MA.
It is a 4 hour interval so every candlestick represents 4 hours.
2 candlesticks equal to a full day so that eliminates a lot of noise and allows me to see what happened the first part of the day and the last part.

I did get a temporary sell signal on the S&P today but that was before the second candlestick closed so it is not yet a Sell.
As always I will update the latest signals every weekend until I find more time to update more often.
(Click the chart to enlarge)


I hope you enjoy this chart and I really want your opinions on what to do with the direction of this blog and the types of things I post.


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Stock tips from the Freak strategy

Posted by Investing Freak on April 28, 2009
General / 1 Comment

After SKF’s latest blunder in which I called the sell-off then couldn’t resist the LOW LOW price of $155, I set off to design a strategy that overtime would bring consistent growth.  I am using a 4hour interval for the strategy so it really isn’t day-trading but also it’s not long term investment (like those exist much anymore).

The idea is to give stock tips when the strategy throws me a Buy signal then to call the selling point when the strategy yells SELL.

Now If i use the S&P 500 or the Russel or any other index (all the stocks within it), I will get a lot of buy and sell signals that will drive me crazy.
I’m wondering if any of you have ideas on which stocks to put on watch list.  I will also need to create a section on this page to show the buy and sell signals with their dates as well as how much gain/loss occurred.

I think i might be going a bit over my head as many people do this for a fee (Timothy Sykes anyone?)  but I will  think this through for the next week or two and then decide what to do.    Your comments are really needed this time especially for ideas on which stocks to put on the alert list.

Till next Time,
-K (The busy man)

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