No - now it's getting interesting.

Michael, Always check the longer-term cycle. This is a lesson I learned and plan to write about. The shorter-term cycle can give you a sell but there's a longer-term cycle out there that negates it. I have my indicators running from 1 minute all the way up to quarterly.

Duanne, I don't know. If you're trading, you take what your system gives you. The danger comes when you second guess your indicators.

Alexis, TA is a huge and many varied area. The indicator I mentioned in the article is based one from Al Gietzen's 1992 book "Real-Time Futures Trading" (his "Advanced Cycle Trading" is the paperback version). In my spreadsheets the other indicators I use are ADX (tells me if the strength of moves), Bollinger Bands, Chaiken Money Flow and RSI. Head over to: www.investopedia.com/.../

Look around that site to get ideas.

The one blog I read first every day:

https://www.armstrongeconomics.com/blog/

check out his site. All the best.

Indeed Dan. If you like nose bleed stuff take a look at VelocityShares's new 4x leveraged ETN products:

www.etf.com/.../first-4x-products-debut-us

Absolutely nothing could go wrong...!!

Spike Milligan - damn those were the days!

Charles, I feel this is a bit parochial. As the world wide fans are bombarded with ever increasing amounts of excrement the US will become the casino of last resort as per the 1920s. On the "Tale of Two Dows" chart what's to say that 2009-2013 compares to 1982-1996ish and we've got the blow off top to come?