Dancing with the Trend

November 2016

Dancing with the Trend

Dancing with the One That Brung Ya!

by Greg Morris

My apologies to the late Darrell Royal, the University of Texas football coach who used this saying often when defending his continued use of the “wishbone T,” an offensive football formation that some were always questioning.  The saying has a valuable message that is applicable to many endeavors; simply, do not forget how you got where you are.  It is very appropriate to investing strategies that have long-term success. It seems that this simple, yet on-the-mark concept gets lost when it comes to making money in the equities market.  The fortunate among us have Read More 

Dancing with the Trend

Hindenburg Omen

by Greg Morris

There are many who are now talking about the Hindenburg Omen so I thought I would explain what it is and where it now stands.  This is easy since I knew Jim Miekka (creator of the Omen) as he offered to assist me when I included some of his material in my “The Complete Guide to Market Breadth Indicators.”  Jim also made many other contributions to technical analysis, including a mathematical process to refresh the McClellan Summation Index. The Hindenburg Omen is an indication of market tops and was created by James R. Miekka and dubbed “the Hindenburg Read More 

Dancing with the Trend

Article Summaries 8-2016 to 10-2016

by Greg Morris

Most blog authors on StockCharts.com are writing about the current markets and do an exceptional job.   I do not write about the current markets as I wanted to share my experiences after 40+ years as a technical analyst.  Not only experiences with trading and investing, but model building and money management.  I also share the details of all the Master’s degrees I have – those expensive learning experiences that hopefully I learned something from.  Since I rarely go back into the archives of other’s blogs that I read, I wondered if that is common or not.  Read More 

Dancing with the Trend

Time for Genuine Concern or just More Wall of Worry?

by Greg Morris

Is this a market correction?  Generally accepted levels (-10%) that most deem as a correction versus just a market pullback (-5%).  Is this going to become a bear market (-20%)?  First, there is not a person on Earth that knows the answer (despite what you hear on TV), and I do not even attempt to claim that I do.  I read a great deal, too much maybe.  Many believe this is just a correction in an ongoing bull market.  Many technical analyst friends of mine strongly offer evidence that a bottom is going to be soon.  And just as many think we are at the Read More