Looking toward to finally being able to use the high performance systems!

funny i just emailed a friend of mine as he goes every year, will let you know what he says.

Up- ROOTed 

XHB and related stocks also faded quite a bit from their early jumps. 

REX in an extended bull flag after its surge. In fact, I'm starting to get impatient with it, but hanging in there. 

XBI - Chart Link - kudos to Trendie - 50 day MA first target 

Encouraging that the NAS and S&P have held or recovered near their highs, not encouraging that the IWM and XBI have faded and not rallied back yet. 

I do trade a lot of IBD stocks and use the KISS tables to guide me when they are on there. I have gotten several onto the MISC list, but the IBD 50 changes every week, sometimes chasing performance, so you have to be selective. 

can we please see the stats?  I would like to geek out and look at both.  Are we able to see a table of the stats comparing them?  then we can each decide.

who do you like in the Derby tomorrow-

DigiNomad - the worst example for that used to be Motleyfool - just read this article from back in 2006, I  remember reading this at the time - this author calls TA voodoo and that we are all 'fooling' ourselves ( lol see what I did there?)  for trying to see patterns and drawing trendlines - just a worthless BS article

TA works, you have all seen it in action over many many years, that author was an idiot 

otherwise I think the best approach if to combine the two: technicals and fundamentals - for longer term traders - for day traders and short term trades technicals are fine - but if you are trying to swing position yourself into a company that you thing has fantastic fundamentals, then technicals are for your timing your entry

https://www.fool.com/investing/value/2006/04/10/technical-analysis-voodoo.aspx  

Yes the symmetry comment is something we have discussed many times and I did in the educational video as well

after a symmetry break of an uptrend that has been going on for a while, you generally get a lower high, that said you don't always get a sell off for a lower low, sometimes you get a lower high, then a pullback that forms a higher low (doesn't take out the last low) and technically you had a lower high where symmetry played out. 

if the market goes back to the highs, you would have such a case here, you technically did get a lower high and a nice pullback from that to form a higher low

IBD Live now. Brian Shannon was on this week. 

The evil CANSLIM people that think fundamentals are just as important as technicals and preach a blended approach?  Heresy!   

Ok. Thanks. 

IBD, Investors Business Daily?

one thing you should do - take the IBD 20 and IDB 50 and track them in the KISS tables - great way to filter those

I even thought about trying to contact IBD and tell them we have this universal system that we could throw on their IBD lists that would greatly benefit their subscribers - but I don't know how to even go about that

IBD has or used to have this short term swing trade alert service, I tried it a couple years ago, it really sucked!  I can't remember the cost of it, but their trader sucked ass

Symmetry is a guide (not a RULE) and we already made a lower high and then a higher low - trade off support and resistance especially when dealing with leveraged instruments - those demand zones on SPX and QQQ were objective areas with stops below secondary lows.   Turned out to be Money

Or use IBD as the tie breaker. 

oh of course man, always

these high performance systems for SSO, UPRO, QQQ all went long a day or two ago

I mention this because FINALLY FINALLY James is close - it's been a pain in the ass all the technical hurdles to the high performance KISS - something I should do a webinar about and discuss with you guys all the nuances and unforeseen technical hurdles we've went through.  I'd say today would be a good time such as Friday afternoon, but unfortunately I have an appointment at the dealer for my car, I have to leave after the close, but I'll get the KISS systems updated and emailed out before I leave!

anyway hoping to finalize most of that high performance stuff this weekend, and I have to make a couple videos as well

Looks like scary action to me.