Friday, July 30, 2010

Weekend Stuff - 7/30/10

Here's the weekly tide chart. Supposedly a top coming up mid week, but if you check the composite tide-clx chart below, no such top will be found. Based on only two weeks of history, I have to go with the composite chart.



The new moving average used in my composite clx-tide charts seems to be working quite impressively. Of course, we havent had much in the way of volatility in this time span. What will be most interesting is how it holds up when the averages really start to move. I have to believe that the projection chart will not mimic these one day shocks we often get in the market, but we'll see. Having fun with it....just watching, comparing and shaking my head in awe. BTW, I have increased my long positions in anticipation of the August projections. We'll see how that turns out.

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