The ACD Method

Discussion in 'Technical Analysis' started by sbrowne126, Jul 16, 2009.

  1. Maverick74

    Maverick74

    Natty!
     
    #12601     Dec 8, 2016
  2. koolaid

    koolaid

    Damn Mav...how do I get to your level? Being able to look at that data...analyze it..and come to that conclusion is pretty pro. All I'm seeing online and on reddit is how VIX shouldn't be going up when SPY is rallying and that crash is imminent.
     
    #12602     Dec 8, 2016
    redbaron1981 likes this.
  3. Maverick74

    Maverick74

    #12603     Dec 8, 2016
  4. As my dear old Grandmother used to say: "If you don't have anything good to say about that person get over here right now and tell me everything you know". :D

    Admitted or not, we all enjoy a little schadenfreude now and then. There will be lots of "There martial bonds couldn't take his high interest rate in newer issues" .... or
     
    #12604     Dec 9, 2016
  5. SteveM

    SteveM

    #12605     Dec 9, 2016
  6. Maverick74

    Maverick74

    Anyone look at DXJ lately? Japan ripping and you get a depreciating currency as a kicker!

    [​IMG]
     
    Last edited: Dec 9, 2016
    #12606     Dec 9, 2016
  7. Had a position on for some time now, as a Japan exporters play and also a currency play as you have noted. Sold the previous one at 50+, bought again when it was in the low 40s, I think it's up between 15%-20% already. Should be a dividend out this month.

    I don't run any NLs or even keep data on it. Just buy in the low 40s sort of thing, if that coincides with a stronger yen and there's no bad economic situation to justify the price decline.
     
    #12607     Dec 10, 2016
  8. Maverick74

    Maverick74

    Nice job! That trade has a lot going for it. The risk on Nikkei play and the short Yen and maybe more importantly, the long dollar play.
     
    #12608     Dec 10, 2016
  9. I wish I could tell you it is because I'm a trading genius, but it really was a happy accident. The Nikkei was on the up and up and the Yen was weakening. I did a search for a Japan ETF and came across this.

    Now life experience did help. A consulting gig I did with a Taiwanese company in Thailand in 1997 showed me first hand the effect of selling in dollars and booking revenue in local currency, with the supply chain in non-dollar (Asian) countries.

    The fact that exposure was to exporters sealed it. :)
     
    #12609     Dec 10, 2016
    redbaron1981 likes this.
  10. Maverick74

    Maverick74

    Who needs Sunday Night Football when energy markets go batshit every sunday night.
     
    #12610     Dec 11, 2016