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  • Blog

Railroad Track

Yet Again the RRT Does its Work

After a hesitant start the Railroad Track I identified on Monday certainly found its sweet spot yesterday with a powerful surge of 31 points on the S&P, 260 on the Dow, and closing near the day’s …

Tentative Reversals was the right call

As I mentioned the other day the SPY and DIA exhibited railroad tracks albeit not the most compelling.     The reaction has been a tentative reversal that at least i…

Select Potential Reversals

The SPY and DIA are exhibiting railroad tracks (not the most compelling but the pattern is there), and a couple of select stocks are showing signs of promise.  Otherwise, we’re still in the thick…

Oil, Earnings, OVI Make This a Game of Patience

So the railroad track reversal from last week was profitable but very short term.  And as suggested in the video, during times like these you need to think about protecting those one-day profits …

Another Day, Another Great Reversal

Again our unique approach to reversals are proving most lucrative, with a stunning turnaround from the Dow and S&P Index railroad track ‘esque patterns that I highlighted yesterday.  Here is …

Railroad Tracks on Indices but not ETFs

I mentioned yesterday that reversals would be a better bet to focus on for now.  The Dow-30 and S&P indices did form vague railroad track ‘esque setups, but their corresponding ETFs (the DIA …

More oil misery, so focus on reversals

As I mentioned yesterday this downdraft is likely being fuelled by three factors: – First is the uncertainty relating to the price of oil.  I guess you can throw into the bargain various Eur…

Oil, Earnings and Taxes

As the markets made their declines yesterday it was easy to think here we go again, we make new highs only for them to be taken out by severe retracements almost immediately.  That certainly has …

OTC December Tutorial Video

The markets are pretty quiet this week for obvious reasons but very soon we’ll be into earnings season.  Earnings season presents us with two different types of opportunity.  

Pre-earnings …

Ring-fencing Those Reversals

Again we nailed the reversal setups last week and you should certainly pay attention to ring-fencing your reversal profits quickly so you can play for the windfall while protecting your profits. &nbsp…

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