Kind Words from Terry Laundry, Founder of T Theory

"Parker has sent me what I consider to be the most important refinements to T Theory I have ever received from anyone in an e-mail . . . which he calls Tweaking the 13th Advance Decline T." September 29, 2010

"Parker has sent me a very interesting concept which is the NY Advance Decline line divided by the put-call ratio . . . What he's done is introduce the idea of sentiment." September 15, 2010

"Parker discovered the Money Flow Ts . . . This is something like the Holy Grail in T Theory. You are always looking for something that will help you refine the peak date." October 17, 201

"Money Flow Ts are probably the greatest new thing I have seen in 20 years in terms of time symmetries." December 5, 2010.

Monday, August 16, 2010

$$ ARMS warning

I closed out of my shorts today based on the 5-day ARMS showing a deeply oversold condition combined with today's price action and a short term head & shoulders topping pattern on the VIX. 

Note the recent rallies after previous similar oversold ARMS warnings.  If we get a rally, I'll put my short back on because I am generally bearish on the market through October. 

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1 comment:

  1. PositionSizingAugust 17, 2010 at 10:19 AM

    And the S&P is up 15 points this morning. I have a feeling this rally is the last hurrah before the bottom drops out of the market.

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