Look Up, Look Down, Look All Around ~ The Risk Averse Alert

Thursday, February 25, 2010

Look Up, Look Down, Look All Around


Same test, different day....


SPX 5-min

... And in volatility's pickup another RSI divergence. We see the type of excited trade typical of weak moments. Looks like she's going down.


Fast Money
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© The Risk Averse Alert — Advocating a patient, disciplined approach to stock market investing. Overriding objective is limiting financial risk. Minimizing investment capital loss is a priority.

Analysis centers on the stock market's path of least resistance. Long-term, this drives a simple strategy for safely investing a 401(k) for maximum profit. Intermediate-term, investing with stock index tracking-ETFs (both their long and short varieties) is advanced. Short-term, stock index options occasionally offer extraordinary profit opportunities when the stock market is moving along its projected path.

Nothing is set in stone. Nor is the stock market's path of least resistance always known. More often than not, there are no stock index option positions recommended.


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1 comments:

Anonymous said...

Sad... I go away for a week and nothing but the same old tired posts.

Hey Chicken Little (or was it the boy who cried wolf?) - I think your tin-foil hat might be covering your eyes...There won't be a crash this year (despite those beautiful arrows you keep drawing on the right edge of your charts).

Despite your careful Elliot Wave "Analysis" of the last __ months you are wrong! I might be able to stomach this type of "analysis" if it wasn't delivered with so much verbose pomposity.

In Short: Don't quit your day job.

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