Comments on: Tech Talk for Friday December 11th 2009

By: Tech Talk for Monday December 21st 2009 | Timing The Market

Tech Talk for Monday December 21st 2009 | Timing The Market — Mon, 21 Dec 2009 08:02:27 +0000

[...] Silver gained $0.09 per ounce last week despite strength in the U.S. Dollar. Intermediate trend remains up. Stochastics have started to recover from a short term oversold level. Favourable seasonal influences starting in the second week in December and continuing until April arrived on schedule this past week. Silver is responding to its “economically sensitive” characteristics as opposed to its “monetary” sensitivity. ‘Tis the time to own silver ETFs! See Tech Talk for December 11th for the full story and ETF selections: http://www.timingthemarket.ca/techtalk/2009/12/11/tech-talk-for-friday-december-11th-2009/ [...]

By: Don Vialoux

Don Vialoux — Sun, 13 Dec 2009 20:47:41 +0000

Apologies for the late responses this week. Mr. Vialoux was on a “Dog and Pony” show last week for the new fund. On Monday, the show goes to Winnipeg. Thereafter, regular service resumes on Wednesday.

By: Don Vialoux

Don Vialoux — Sun, 13 Dec 2009 20:45:20 +0000

Hi Mayur. An updated commment on gold is offered in the Monday December 14th edition of Tech Talk. Short term momentum indicators are oversold, but have yet to show signs of bottoming.

By: Don Vialoux

Don Vialoux — Sun, 13 Dec 2009 20:41:56 +0000

Hi ES. Best to check out the Education section of this blog. It offers guidelines for using Stochastics, RSI and MACD.

By: Don Vialoux

Don Vialoux — Sun, 13 Dec 2009 20:40:46 +0000

Hi Joe. Tech Talk tries to offer a disclined approach toward seasonal trading by offering refined entry and exit points at the beginning and the end of each seasonal trade. Occassionally, Tech Talk will offer a second entry point during a seasonal trade when appropriate, but that is rare. Investors with shorter time horizons than offered in seasonal trades are welcome to play the “in between” swings, but they are beyond the mandate and focus of Tech Talk.

By: Don Vialoux

Don Vialoux — Sun, 13 Dec 2009 20:32:52 +0000

Hi Johnnyb. See full comment on the Canadian Energy sector in Tech Talk on Monday December 14th. “Gassy” stocks will move in unison with the “Oily” stocks this spring for reasons offered in the column.

By: Mayur

Mayur — Sat, 12 Dec 2009 17:44:43 +0000

Hi Don

How low do you think gold is going to drop before it starts to go up again? Basically its going through the correction phase now. Do you agree? How do you see it going?

By: ES

ES — Sat, 12 Dec 2009 02:30:20 +0000

Joe,
How do you determine when Stoch, MacD, RSI and Bollinger bands were all skirting the over bought areas?

Regards,
ES

By: Joe

Joe — Fri, 11 Dec 2009 19:10:22 +0000

Hi Don,

I have only been frequenting your website in the past 6 months and watching the market daily, only in the past year. In previous posts you have indicated that TechTalk’s philosophy is to enter and exit seasonal trades on given dates with fine tuning the exact dates. For my question, I will ask that we use Agrium as an example. I have seen Agrium bounce up and down a fair amount within the period of seasonality which is now almost at the end.

Do most stock prices bounce as much as we have seen with Agrium this year, within their period of seasonality ? If thats the case, why does Techtalk not recommend moving in and out of the stock at the oversolds/overboughts ? I sold out of Agrium at its highest point this week since I noticed Stoch, MacD, RSI and Bollinger bands were all skirting the over bought areas. Hope to see your response.

Regards,
Joe

By: gilbert

gilbert — Fri, 11 Dec 2009 15:00:52 +0000

Hi Don,

When you do the Weekly Bullish Percent Sector Index Review, could you add the seasonal periods of strength under each chart too. Thanks.