Eric's Weekend Review

[ericoleman]

Here are this week's comments. In addition, I'll be actively following Pascal, Billy, Paul, Mike, and Jerry's comments. Have a great week everyone.


Stage Analysis Comments3-18.pdf

[ericoleman]

It has been a while since my last post. I thought I'd share a few updated thoughts this week, though. Hope everyone is well.

Best,

Eric

Market Observation2.pdf

[Pascal]

Thank you Eric!

It is always interesting to have your point of view.

Regarding coal, I have been checking this sector every day, but whenever I wanted to place a long trade, my buy finger was shaking so much with fear that I could not accomplish the buy.

Maybe buying AAPL going into the holidays' season would be easier.



Pascal

[ericoleman]

It is difficult to cover everything, but these are a few notes from my weekend study. Have a great week.

Best,
Eric

Market Observation 12-2-12.doc

[Pascal]

It is difficult to cover everything, but these are a few notes from my weekend study. Have a great week.

Best,
Eric

Attachment 16512

Thank you Eric.

I finally bought positions in coal miners ACI and WLT last week.

What I find interesting is that the US$ is now confirming weakness while the Euro confirms strength.
On the other hand, it seems that large players believe that there is too much oil there...
Gold is still strong, but the miners are hesitating to move higher.


Pascal

[ericoleman]

Some weekend notes. Have a great week.

Best,
Eric

Market Observations 12-9.pdf

[brrim]

Eric; I enjoyed your post. Very insightful.
Both you and Billy refer to substages in your respective work.
Where can I read about the details of substage classification?
Thank you.
Robert

[ericoleman]

Brrim,

Thanks for your response

You can find the original posting on the Alphascanner blog here:

http://blog.alphascanner.com/?p=306

Additionally, you can replicate the scans or create new ones by using the scanner tool. I should probably do more scans, but have tracked the ones I use in my notes with greater regularity. I find them instructive for providing context, not necessarily an implicit buy or sell. For example, you might have strong weekly and daily mark-up stocks near the end of a long-term uptrend, which may be quite risky due to an extended condition; consequently, external variables like market conditions or analysis such as Mike Scott provides might complement one's decision making process.

The other benefit is found in monitoring the evolution of conditions. For example, securities in long-term Stage 4 down trends may still provide opportunities using the EV methodology as a market reversal can cause the issues to sharply rally. Alternatively, Stage 1 stocks may provide fodder for stocks that have entered "value" territory after long-term washout sort of trends.

Best,

Eric

[ericoleman]

Hi,

Here are some updates and notes, with a short follow-up from the last report.

Best,
Eric

Market Observations 2-12-13.pdf

[1bullseye]

Thx for the review Eric. These are great! Mch appreciated!

Hi,

Here are some updates and notes, with a short follow-up from the last report.

Best,
Eric

Attachment 17314