Guy Lerner

Technical Take

Contributor since: 26 Feb 2010

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Biography

• Market Distortions

  Published 15 February 2012 | viewed 0 times

  We are all well aware how central banks have distorted markets. Old relationships no longer hold true because of these interventions. For example, markets use…

• Investor Sentiment: Heading Into the Final Stages

  Published 12 February 2012 | viewed 0 times

  As long as the bulls continue to believe, the market should continue to push higher, but there will be a limit. Clearly, the best, most…

• Investor Sentiment: Liquidity Solves All

  Published 05 February 2012 | viewed 0 times

  Last week I stated: "The current market environment is looking more and more like quarter 4, 2010, which was heralded by QE2. This time the…

• Investor Sentiment: Looking Like Q4, 2010

  Published 29 January 2012 | viewed 0 times

  Very little has changed from last week. There are still troubling signs with regards to this price advance -- volume is the most notable. The…

• TLT: Topped Out

  Published 25 January 2012 | viewed 0 times

  The last time I looked at the i-Shares Lehman 20 plus Year Treasury Bond Fund (symbol: TLT) was on December 13, 2011, and I wrote…

• SLV: Moving Higher

  Published 23 January 2012 | viewed 0 times

  It was only a week ago when we last looked at the i-Shares Silver Trust (symbol: SLV). See figure 1, a weekly chart of the…

• Investor Sentiment: Is This the End of the Road for the Rally?

  Published 22 January 2012 | viewed 0 times

  The "dumb money" indicator has become extremely bullish (bear signal), and this is what one would expect with rising prices. The higher prices go the…

• QQQ: Breakout or Fakeout?

  Published 20 January 2012 | viewed 0 times

  Figure 1 is a weekly chart of the PowerShares QQQ Trust Series (symbol: QQQ). The black and red dots are key pivot points which are…

• Investor Sentiment: An Important Juncture

  Published 15 January 2012 | viewed 0 times

  There is a sense of incredulousness regarding the recent price action. The market seems to levitate day in and day out despite the news. Dips…

• SLV: Watch This Pivot

  Published 13 January 2012 | viewed 0 times

  Figure 1 is a weekly chart of the i-Shares Silver Trust (symbol: SLV). The black and red dots are key pivot points. These are the…

• A Rising Tide is Not Lifting All Boats

  Published 09 January 2012 | viewed 0 times

  One of the bull market axioms is that a rising tide will lift all boats. This means that a sign of an advancing bull market…

• Investor Sentiment: Are Investors Rushing Towards the Edge of a Cliff?

  Published 07 January 2012 | viewed 0 times

  Last week, I stated that "higher prices should be supported by increasing number of bulls, and this would be a signal that a sustainable rally,…

• Market Musings: Oh, the Horror!

  Published 06 January 2012 | viewed 0 times

  I woke up this morning to a headline in the Wall Street Journal: "Futures Down: Markets to Suffer First Losses of the Year". Oh, the…

• Investor Sentiment: Are These the Makings of a Sustainable Rally?

  Published 01 January 2012 | viewed 0 times

  We start the new year like we ended the old year: with a mixed sentiment picture. The Rydex market timer is extremely bullish, and this…

• Let Me Beat This to Death One More Time

  Published 30 December 2011 | viewed 0 times

  Ok, I have been bullish on Treasury bonds going all the way back toMarch, 2011, and this was a timely call. Over the past 9…

• Investor Sentiment: It Cuts Both Ways

  Published 26 December 2011 | viewed 0 times

  Most market participants use investor sentiment as a contrary tool. Gauge which direction the majority of investors are leaning and bet against them. But there…

• Investor Sentiment: Santa Claus Rally

  Published 17 December 2011 | viewed 0 times

  If you look hard enough at the charts, you might be able to see the infamous Santa Claus pattern. It is a price pattern, similar…

• Investor Sentiment: The Bulls aren't Buying It

  Published 11 December 2011 | viewed 0 times

  Investor sentiment is neither bullish nor bearish, and I think this presents a problem for the bulls. First, the lack of bears implies little short…

• 4 Reasons to be Bearish

  Published 08 December 2011 | viewed 0 times

  Betting against equities - the market - is always difficult. First, the market isn't designed to go down. Companies provide those goods and services for…

• TLT: Likely Double Top

  Published 30 November 2011 | viewed 0 times

  Figure 1 is a weekly chart of the i-Shares Lehman 20 plus Year Treasury Bond Fund (symbol: TLT). Figure 1. TLT/ weekly Larger Image Last…