Top Performing ETFs

Discussion in 'ETFs' started by investics, Feb 17, 2009.

  1. #191     Mar 18, 2010
  2. Happy Spring from PA!

    I witnessed money beginning to exit the market yesterday.

    Sellers are in play.

    I did leave some money on the table with respects to profits, but risk management is key.

    I am short 10% of my portfolio and the rest in cash.

    I am very eager to find out if my exit was timed correctly this time again.

    I will have a week-end post!

    Cheers!
     
    #192     Mar 19, 2010
  3. Bought some short ETF <b>DRV</b> this morning on <b>19.Mar.2010</b> @ <b>$8.72</b>.

    The reason being the bullish version of the same ETF <b>DRN</b> had the largest move in the last 20 days - <b>45%+</b>.

    Ideally I would have liked to short <b>DRN</b>, but I don't feel comfortable doing so yet.
     
    #193     Mar 19, 2010
  4. <b>Market View - 20.Mar.2010</b>

    <b>NYSE Percent of stocks above the 50 Day MA: 78%</b>

    New Approach

    My market breadth system had already given me the signal that the Market was over bought.

    Thus I ranked the 3x ETFs in terms of their one month performance. The numbers you see below are as of this morning (20.Mar.2010):

    Symbol One_Month_Performance
    DRN 44.48
    FAS 32.67
    TNA 27.83
    EDC 27.26
    MWJ 26.58

    They were higher on Thu after close.

    Thus I decided to go long the Bear ETF of <b>DRN</b> above which is <b>DRV</b>.

    So far it has panned out well. Will have to wait and watch.

    Have a Great Week-End!
     
    #194     Mar 20, 2010
  5. trendy732

    trendy732 Guest

    Hi Investics,

    I found your tread very helpful specially the NYSE 50 day MA. Can you describe a bit more what your market breath system is and your normal setup for stop loss percentage.

    Thanks

    Trendy
     
    #195     Mar 21, 2010

  6. I'm joining
    Are there more USEFUL indicators like the NYSE50dayMA?
    I could not find yet the page where their list of special market breadth indicators is.
    ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
    "Jagadish's" page a few posts ago gives an awesome overwiev of the Indian market.
    Is there anything like that for the US markets?
     
    #196     Mar 21, 2010
  7. ########################################

    PS.: ""Are there more USEFUL indicators like the NYSE50dayMA?""

    Add. question: who supplies the data - could it be loaded into
    -say- TradeStation or somilar ones?
     
    #197     Mar 21, 2010
  8. <b>Goalgetter</b>,

    My main focus in trading is nothing new. It is something that is otherwise known as "Breadth Analysis".

    If you are interested in this approach you <b>HAVE GOT</b> to read this book.

    <a href="http://www.amazon.com/Complete-Guide-Market-Breadth-Indicators/dp/0071444432">The Complete Guide to Market Breadth Indicators by ~ Gregory Morris</a>

     
    #198     Mar 22, 2010
  9. <b>Goalgetter</b>,

    I compute the indicators I need myself using daily closing and historic prices.

    Telechart has a ready made indicator which does the below.

    Read more about it here: http://www.drduru.com/money/090104_T2108vsSP500.htm

     
    #199     Mar 22, 2010
  10. <b>Trendy</b>,

    I suggest you read this post for more details.

    Let me know if you need more info.

    Cheers!



     
    #200     Mar 22, 2010