No Scans or Nets today…really nothing to look at, but ETFs back tomorrow

by admin on March 9, 2010

There was not much to look at this morning as stock extended gains for the most part yesterday. Will be back with the full compliment of equities and ETFs tomorrow. Working on fixing password errors with the neural net programs that are linked to a central database for security against hacking. Daily, weekly, and monthly momentum set ups were the same as yesterday, and monthly index patterns are still bearish.

More tomorrow. Thanks again for your patience.

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Buffalo Trader Benchmark Scans 03/08/2010

March 8, 2010

The usual suspects are rallying though (utilities, banks, drugs, semiconductor equipment, building (both residential and industrial), financial, internet network and service providers, and REITs). Market breadth seems narrow, but if transports, banks, and semiconductors are rallying, perhaps that is a good economic sign.

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Buffalo Trader Bullish Reversal Report 03/05/2010

March 5, 2010

These articles describe the statistical probabilities of long positions on these equities, based on neural net projections, for the next 5-15 trading days. These are not holy grail methodologies, the road to easy street, or anything else. These projections are the result of screening for technically significant retracement and momentum patterns that have been further [...]

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IPSU Chart (Since my Twitter ID still being worked on)….

March 4, 2010

Here is the link to the chart for IPSU, which was mentioned in the Buffalo Trader Bullish Reversal Report this AM.
Note that the C buy point shown on this chart could be a prelude to a short trade around 17 (where the horizontal resistance line is drawn). Perfect price time symmetry would end there. The [...]

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Buffalo Trader Bullish Reversal Report 03/04/2010

March 4, 2010

Petroleum, food, construction machinery, ultra-short sector funds and utility funds are showing bullish reversals. Only one stock, a sugar refiner, made the neural net screens and passed. This might be an indirect dollar weakness play, so it too may be volatile as well.

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Buffalo Trader Bullish Reversal Report 03/03/2010

March 3, 2010

These articles describe the statistical probabilities of long positions on these equities, based on neural net projections, for the next 5-15 trading days. These are not holy grail methodologies, the road to easy street, or anything else. These projections are the result of screening for technically significant retracement and momentum patterns that have been further [...]

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Buffalo Trader Bullish Reveral Report for 03/02/2010

March 2, 2010

We still need to monitor healthcare, drugs, and niche semiconductor-related names for outperformance, but again, earnings could be critical and could blow up some of the higher priced names on disappointing earnings.

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A Bearish View of the $SPX from the Daily Perspective

February 24, 2010

I decided I needed to post this chart and since Twitter has somehow allowed someone access to my account with 2 passwords, I cannot seem to use chart.ly. That is why having a blog is so nice. Here is the chart.
Note that there are no statitics related to neural net analysis of pattern completion, this is [...]

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Suffering from Lee’s Revenge in Gettysburg – 18 inches of snow and slow connection speed – Update on nets

February 22, 2010

Deciding to gather data for a later trip prior to meeting with the Ward Systems folks in Baltimore, I decided to stop in Gettysburg to get literature and hit the sack. There is very little decent internet connection here and there is still about 18 inches of snow on the battlefield here (I am at [...]

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Buffalo Trader Benchmark Scans for 02/19/2010

February 19, 2010

There are oversold issues in healthcare (particularly supplies and specialty healthcare products (MMSI for one). BWLD though stung by earnings disappointments seemed also to hold recent support. I will also watch this one.

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