Wednesday, June 24, 2009

06.24.09 - FOMC Day Levitation

The Advance - Decline line is very, very strong today with Up Volume far outpacing Down. Tick is net strong on a cumulative basis, even though it has trailed down a bit as the S&P500 has pulled back to the VWAP ahead of the FOMC Statement, which will be found here. Stop back later for a red line comparison with the April Statement.

2 comments:

Anonymous said...

Jeff, have you ever posted on your own approach to trading? I didn't see anything in the Vault.

Jeff Pietsch CFA said...

Thanks Anon, I trade as follows:

20% day-trade indices, as described here: http://marketrewind.blogspot.com/2008/10/trading-tick-ad-line-convergence.html

30% relative strength based intermediate-term rotation methods

50% short-term mean reversions on individual stocks