It seems you have JavaScript disabled.

Ummm.. Yeah... I'm going to have to ask you to turn Javascript back on... Yeah... Thanks.

2009 February at Trader’s Narrative

Archive for February, 2009

Here’s this week’s sentiment overview chock full of sentimental goodness. Enjoy:
This week’s AAII sentiment survey moved the bulls and bears in different directions, albeit both by the same 2 percentage points. The bulls move up slightly to 24% and the bears fell slightly to 55%. Looking at the ratio of bulls and bears, we’re back […]

As the bulls and bears thrash it out at the knife edge of technical support, otherwise known as the 750 line on the S&P 500 index, the CBOE volatility index (VIX) is surprisingly calm:

As more and more days go by with the market dancing on the thin line marked by the November 2008 lows and […]

Yesterday’s +3% snap-back rally was one of the famed Lowry 90%-90% days. For those unfamiliar with the term, these are climactic days coined by a research report by Paul Desmond written in 2002 (you can find the original report in the free trading resource section - in the Articles and Reports section).
90-90 days are defined […]

Way back in May 2008 I wondered: Will Sprott IPO Mark Top Of Commodity Bull Market?
Yes. Yes, it did.
For those unfamiliar with them, Sprott is a boutique asset manager in Canada. The IPO of Sprott was an accurate tell for the commodity market top because of the firms expertise in and their cheerleading of the […]

The last time we saw the McClellan Oscillator at an extreme was in the first week of the new year. Back then, for both the NYSE and Nasdaq, it reflected a very overbought market - so much so that it was a decade high (see long term charts in previous link). We now know that […]


You are currently browsing the Trader’s Narrative weblog archives for February, 2009.

Longer entries are truncated. Click the headline of an entry to read it in its entirety.