Guy Lerner

Technical Take

Contributor since: 26 Feb 2010

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• Where the Rubber Meets the Road

  Published 29 June 2011 | viewed 0 times

  There you have it. With today's gap up open, the market will be overbought. In 9 trading days, the market has gone from oversold to…

• Investor Sentiment: Little has Been Resolved

  Published 25 June 2011 | viewed 0 times

  Last week, the battle lines were drawn, and after much (and expected I might add) volatility this week, little has been resolved. The "dumb money"…

• Call This a Warning Sign

  Published 24 June 2011 | viewed 0 times

  This is the first real technical warning sign that the market is on the verge of breaking down and the economy is on the verge…

• Crude Oil Model: Likely Sell Signal

  Published 23 June 2011 | viewed 0 times

  In all likelihood, my crude oil model will generate a sell signal at the close of this month. The signal will in all likelihood will…

• Market Musings: Fed to the Rescue?

  Published 22 June 2011 | viewed 0 times

  Listening to CNBC there is no question there is much hope placed in the powers of the Federal Reserve. Somehow their initiatives can fix the…

• Gold Miners Look Attractive

  Published 21 June 2011 | viewed 0 times

  Figure 1 is a weekly chart of the Market Vectors Gold Miners ETF (symbol: GDX). The black and pink dots represent key pivot points, which…

• The Ultimate in Investor Sentiment

  Published 20 June 2011 | viewed 0 times

  Figure 1 is a weekly chart of the SP500. The indicator in the lower panel is a composite of the "dumb money", Rydex asset data,…

• Investor Sentiment: Battle Lines are Drawn

  Published 19 June 2011 | viewed 0 times

  The battle lines are clearly drawn. On the one side, investors have turned bearish citing the usual (and real, I might add) factors including but…

• Is All the Angst Warranted?

  Published 16 June 2011 | viewed 0 times

  Turn on CNBC. Read the headlines. You would think we are already in a bear market having lost 20% or more from the highs in…

• What Do the Numbers Say?

  Published 13 June 2011 | viewed 0 times

  It is rare for me to make a statement regarding the markets unless I have some data to back me up. In the weekly sentiment…

• Buying Opportunity or More Selling to Come?

  Published 13 June 2011 | viewed 0 times

  The oversold market is at one of those junctures where investors are certainly scratching their heads. The market is oversold; this is pretty clear. But…

• Investor Sentiment: Haven't Seen This in a While

  Published 12 June 2011 | viewed 0 times

  For the first time since September 10, 2010, the "dumb money" indicator has turned bearish. The Rydex market timers continue to remain extremely bullish, and…

• The 3 Stages of a Market Sell-Off

  Published 10 June 2011 | viewed 0 times

  Call this article "the 3 stages of a market sell - off" or more realistically, how the bulls view the market. This is stage 1.…

• Old School TA - It's Working

  Published 10 June 2011 | viewed 0 times

  We knew it was only a matter of time, but old school technical analysis - like looking at volume - is working. One of the…

• Treasury Bonds -- 'Critical'

  Published 09 June 2011 | viewed 0 times

  I read a recent article stating that US Treasury bonds were at a critical, technical juncture. I don't know if anything in the markets is…

• Oversold Market on Edge

  Published 08 June 2011 | viewed 0 times

  It's the Wall Street knee jerk reaction. The market gets oversold and buyers come in and the market bounces higher. It is really quite simple…

• Dollar Index: Hanging in There

  Published 07 June 2011 | viewed 0 times

  The Dollar Index is making a stand but that is about the most constructive I can get. Figure1 is a weekly chart of the Dollar…

• Support and Resistance Levels: SPY and QQQ

  Published 06 June 2011 | viewed 0 times

  Figure 1 is a weekly chart of the S&P Depository Receipts (symbol: SPY). The red and black dots are key pivot points, which is a…

• Investor Sentiment: Sentiment Leads Price

  Published 05 June 2011 | viewed 0 times

  Current market sentiment remains neutral to bullish. The "dumb money" indicator is neutral while the Rydex market timers remain overly bullish (and this is bearish).…

• Investor Sentiment: The Market Lacks Umph!!

  Published 15 May 2011 | viewed 0 times

  It is becoming clearer by the week that the rally that was ignited last August on the heels of QE2 is running out of gas.…