Position Sizing View RSS

In search of high R-multiples while keeping losses small.
Hide details



Investment Seminar in September on Nantucket $$ 20 Jun 2011 4:29 AM (13 years ago)

Please join us on Saturday, September 17, 2011 for an Investment Seminar featuring Terry Laundry.  The seminar will be held at 3 Thurstons Court, Nantucket Island, MA 02554.

The seminar will focus on the stock market “mystery cycle” and how to exploit it, Money Flow Ts™, bonds and precious metals.  We will present the material in a format that is easy to understand.  No specialized knowledge of T Theory™ is required to enjoy the full benefits of the seminar lessons.

The seminar will start at 9:30 am and will conclude at 4:45 pm, with lunch and coffee breaks.  For those staying Saturday night, there will be a workshop the morning of Sunday, September 18 ending by 11:00 am.  For those arriving Friday night, there will be a reception.

The Early Bird price is $450.  Early Bird payments must be received by August 1, 2011.  The normal price is $495.  Refunds must be requested by September 1, 2011.

To pay by credit card, please visit:
http://www.ttheory.com/seminars.php.

To pay by check, please make the check payable to “T Theory™ Foundation, Inc.” and mail to same at 3 Thurstons Court, Nantucket, MA 02554.

Should you have questions about the seminar, please contact Paula Burke at Paula@TTheory.com (phone:  1-888-228-2995) or Parker Binion at Parker@TTheory.com

Add post to Blinklist Add post to Blogmarks Add post to del.icio.us Digg this! Add post to My Web 2.0 Add post to Newsvine Add post to Reddit Add post to Simpy Who's linking to this post?

Free Weekend Audio Posted $$ 18 Jun 2011 5:48 AM (13 years ago)

Terry has posted his latest free weekend audio commentary on the markets at:

http://www.ttheory.com/observations.php

Add post to Blinklist Add post to Blogmarks Add post to del.icio.us Digg this! Add post to My Web 2.0 Add post to Newsvine Add post to Reddit Add post to Simpy Who's linking to this post?

Follow TTheory.com on Twitter 10 Jun 2011 5:52 AM (13 years ago)

Each day, Terry Laundry posts a market update on his Stockcharts Public Chartlist.

We have created a Twitter account called TTheorydotcom which will tweet these updates to the free world for those who wish to follow.

Add post to Blinklist Add post to Blogmarks Add post to del.icio.us Digg this! Add post to My Web 2.0 Add post to Newsvine Add post to Reddit Add post to Simpy Who's linking to this post?

$$ T Theory Forum Screenshot 9 Jun 2011 12:26 PM (13 years ago)

For those who are wondering what the new members-only T Theory Forum looks like, I took a screenshot this morning.  The Forum opened last weekend, and we already have 50 members.  Thanks to all our loyal supporters:

Add post to Blinklist Add post to Blogmarks Add post to del.icio.us Digg this! Add post to My Web 2.0 Add post to Newsvine Add post to Reddit Add post to Simpy Who's linking to this post?

$$ Introducing the T Theory Forum 4 Jun 2011 5:19 AM (13 years ago)

We are proud to announce the new T Theory Forum, the official members-only discussion blog for T Theory.

The Forum is provided free for American Shareholder clients (for as long as they remain clients) and our September seminar attendees (for one year).  If you are one of these kind folks, please contact Paula Burke at Paula@TTheory.com for instructions on how to join the forum.  Basically, it involves creating a free Wordpress account.  We will simply need to know the e-mail address associated with your Wordpress account.

In addition, if you purchase another T Theory product, you will be invited for a free one-month or three-month trial of the Forum.

For others, the cost of the Forum will be modest:  $29/quarter or $99/year.  Paid forum members will receive a discount on other T Theory Products. 

The T Theory Forum will be the exclusive home for Terry Laundry's legendary daily chart with his famous adaptive channels and volume oscillator plot.  Terry provides mid-week and weekend updates to the chart with commentary. 

My job will be to moderate the Forum on a day to day basis.  We will strive to post new content nearly every day.  We hope to make T Theory Forum your interactive community of choice for investment discussion!

Please feel free to ask any questions here.   

Add post to Blinklist Add post to Blogmarks Add post to del.icio.us Digg this! Add post to My Web 2.0 Add post to Newsvine Add post to Reddit Add post to Simpy Who's linking to this post?

$$ Introducing the New www.TTheory.com 3 Jun 2011 5:02 AM (13 years ago)

Good morning everyone.  Today we launched the new www.TTheory.com website.  Check it out!  I'll update throughout the day highlighting the features. 

Add post to Blinklist Add post to Blogmarks Add post to del.icio.us Digg this! Add post to My Web 2.0 Add post to Newsvine Add post to Reddit Add post to Simpy Who's linking to this post?

$$ SLV Range Contraction 23 May 2011 12:47 PM (13 years ago)

SLV's VWAP for five of the last seven days including the last four are contained within the range of $34.08 to $34.22:

5/13 = 34.15
5/16 = 33.62
5/17 = 32.69
5/18 = 34.22
5/19 = 34.17
5/20 = 34.08
5/23 = 34.14

Volume has been elevated recently, so that's a couple hundred million shares traded at an average price of ~$34.15 the last four days.

To me, this is classic range contraction which usually is a prelude to range expansion, i.e., a big price move.  While I would not be surprised to see SLV push upwards from here into the high 30s/low 40s, it could break either way.  

A straddle might be profitable, but the premiums are still pretty high after the recent silver crash due to increased implied volatility.  Today you could have bought a June 34 call and a June 34 put for ~$3.25 total, so you profit if SLV reaches higher than $37.25 or lower than $30.75 between now and June 17.

Add post to Blinklist Add post to Blogmarks Add post to del.icio.us Digg this! Add post to My Web 2.0 Add post to Newsvine Add post to Reddit Add post to Simpy Who's linking to this post?

$$ Current Thoughts 17 May 2011 1:31 PM (13 years ago)

Please excuse my absence.  I've been working hard with Terry, and we have some exciting new things happening!

Most of the major markets (S&P, Dow, Nasdaq, Russell, Gold, Bonds) are obeying the RSI range rules for up trends.  In up trends, the RSI floor is 38-40.  If the RSI has been at 40+ for awhile and then you break below 38-40, that's a sign you have started a downtrend.

In downtrends, the RSI ceiling is 60-62.  If the RSI has been below 60 for awhile and you break that to the upside, then the odds are you have started an up trend.

On most of the major markets (except Silver), the last major RSI event was a break above 60.  Silver's RSI broke below 40 on the recent crash that I warned about here.

From a cycles perspective (many of which I have written about at www.TTheory.com), it would not surprise me to see the ongoing equity/gold market corrections end over the next day or two, then we see upward movements in price into ~June 2, and then a fairly sizable correction into early July.

Add post to Blinklist Add post to Blogmarks Add post to del.icio.us Digg this! Add post to My Web 2.0 Add post to Newsvine Add post to Reddit Add post to Simpy Who's linking to this post?

$$ Follow T Theory Foundation on LinkedIn 29 Apr 2011 2:51 AM (13 years ago)

For those of you on LinkedIn, you can now follow T Theory Foundation, Inc.   All of the details about the upcoming September 17 investment seminar on Nantucket can be found on the Services link. 

Add post to Blinklist Add post to Blogmarks Add post to del.icio.us Digg this! Add post to My Web 2.0 Add post to Newsvine Add post to Reddit Add post to Simpy Who's linking to this post?

$$ T Theory VO for Week of April 25-29 25 Apr 2011 2:27 PM (13 years ago)

Last week's Volume Oscillator for reference
4/18 = -44
4/19 = -21
4/20 = 7
4/21 = 17


This week's VO
4/25 = 6
4/26 = 23
4/27 = 35
4/28 = 40
4/29 =

This post will be updated nightly throughout the week, so check back periodically for new information.

Add post to Blinklist Add post to Blogmarks Add post to del.icio.us Digg this! Add post to My Web 2.0 Add post to Newsvine Add post to Reddit Add post to Simpy Who's linking to this post?

$$ Where do they come from? 25 Apr 2011 1:00 PM (13 years ago)

There's an expression at the poker table among the grinders when someone sits down and proceeds to lose a bunch of money with poor play.  The expression?  "Where do they come from?"

Today, 188 million shares of SLV were sold.  Which by definition means 188 million shares of SLV were bought.  Today's volume was a record for SLV, and dwarfs GLD's biggest volume day (79 million shares on December 4, 2009).

Bear in mind, SLV's daily RSI is at 88, and the MACD is at an all-time high.  Silver is more than 80% above its 50-week moving average, a record for the bull market in metals that started in 2001.  Silver has closed higher for 8 days in a row.

These tell-tale signs are not hidden.  Everyone with two eyes can see them, including today's SLV buyers.   Today's action was classic distribution. Which leads me to ask:  

"Where do they come from?"

I guess there's no fever like Silver fever.  I don't know about you, but at some point soon there will be an excellent opportunity to take the opposite side of the trade from today's new silver bulls.

Add post to Blinklist Add post to Blogmarks Add post to del.icio.us Digg this! Add post to My Web 2.0 Add post to Newsvine Add post to Reddit Add post to Simpy Who's linking to this post?

$$ Sunday Update Posted 23 Apr 2011 5:59 PM (13 years ago)

Please see TTheory.com for this weekend's update.  I discuss prior gold and silver tops, and Terry examines my chart showing the 70-week moving average as strong support for the S&P.

Add post to Blinklist Add post to Blogmarks Add post to del.icio.us Digg this! Add post to My Web 2.0 Add post to Newsvine Add post to Reddit Add post to Simpy Who's linking to this post?

$$ T Theory VO for Week of April 18-21 17 Apr 2011 10:22 PM (13 years ago)

Last week's Volume Oscillator for reference
4/11 = -9
4/12 = -26
4/13 = -26
4/14 = -23
4/15 = -6


This week's VO
4/18 = -44
4/19 = -21
4/20 = 7
4/21 = 17

This post will be updated nightly throughout the week, so check back periodically for new information.

Add post to Blinklist Add post to Blogmarks Add post to del.icio.us Digg this! Add post to My Web 2.0 Add post to Newsvine Add post to Reddit Add post to Simpy Who's linking to this post?

$$ T Theory VO for Week of April 11-15 17 Apr 2011 10:20 PM (13 years ago)

Last week's Volume Oscillator for reference
4/4 = 39
4/5 = 40
4/6 = 44
4/7 = 30
4/8 = 8



This week's VO
4/11 = -9
4/12 = -26
4/13 = -26
4/14 = -23
4/15 = -6

This post will be updated nightly throughout the week, so check back periodically for new information.

Add post to Blinklist Add post to Blogmarks Add post to del.icio.us Digg this! Add post to My Web 2.0 Add post to Newsvine Add post to Reddit Add post to Simpy Who's linking to this post?

$$ Weekend Update Posted at TTheory.com 10 Apr 2011 8:46 AM (13 years ago)

Terry Laundry has posted my weekend update at TTheory.com.  This week, I take a look at gold.  Should you have any questions or comments, please feel free to post them here. 

Add post to Blinklist Add post to Blogmarks Add post to del.icio.us Digg this! Add post to My Web 2.0 Add post to Newsvine Add post to Reddit Add post to Simpy Who's linking to this post?

$$ DGP Quadruple Top Breakout 6 Apr 2011 5:09 AM (14 years ago)

DGP, one of the double gold ETFs, had a quadruple top breakout yesterday.  It currently trades at ~$44, and the new P&F price target is $59.  It could reach that level by the projected May-June top in gold.

Add post to Blinklist Add post to Blogmarks Add post to del.icio.us Digg this! Add post to My Web 2.0 Add post to Newsvine Add post to Reddit Add post to Simpy Who's linking to this post?

$$ T Theory VO for Week of April 4-8 5 Apr 2011 12:27 PM (14 years ago)

Last week's Volume Oscillator for reference
3/28 = 12
3/29 = 25
3/30 = 44
3/31 = 28
4/1 = 45



This week's VO
4/4 = 39
4/5 = 40
4/6 = 44
4/7 = 30
4/8 = 8

This post will be updated nightly throughout the week, so check back periodically for new information.

Add post to Blinklist Add post to Blogmarks Add post to del.icio.us Digg this! Add post to My Web 2.0 Add post to Newsvine Add post to Reddit Add post to Simpy Who's linking to this post?

$$ Update on Gold 5 Apr 2011 8:55 AM (14 years ago)

Gold broke to new all time highs today, and GDX broke out of a symmetrical triangle consolidation pattern.

We are off the races.  ~$1600 gold by June IMO.  GDX to ~74+.

Add post to Blinklist Add post to Blogmarks Add post to del.icio.us Digg this! Add post to My Web 2.0 Add post to Newsvine Add post to Reddit Add post to Simpy Who's linking to this post?

$$ The Squeeze: GLD and GDX 29 Mar 2011 12:51 PM (14 years ago)

I like to look at Bollinger Bands on P&F charts to identify potential squeeze opportunities.  The bands are getting pretty tight on GLD and GDX.  A big move up or down is likely in the offing.  Since I believe Stocks and Gold are generally headed to a top in May-June, I'm betting that the GDX (and GLD) move is to the upside.


Add post to Blinklist Add post to Blogmarks Add post to del.icio.us Digg this! Add post to My Web 2.0 Add post to Newsvine Add post to Reddit Add post to Simpy Who's linking to this post?

$$ T Theory VO for Week of March 28 - April 1 28 Mar 2011 4:16 PM (14 years ago)

Last week's Volume Oscillator for reference
3/21 = -1
3/22 = -15
3/23 = -11
3/24 = 15
3/25 = 25


This week's VO
3/28 = 12
3/29 = 25
3/30 = 44
3/31 = 28
4/1 = 45


This post will be updated nightly throughout the week, so check back periodically for new information.

Add post to Blinklist Add post to Blogmarks Add post to del.icio.us Digg this! Add post to My Web 2.0 Add post to Newsvine Add post to Reddit Add post to Simpy Who's linking to this post?

$$ Sunday Update Posted 27 Mar 2011 3:46 AM (14 years ago)

Terry has posted my Sunday update at TTheory.com.  This week, I discuss the Money Flow T forecasts.   

Add post to Blinklist Add post to Blogmarks Add post to del.icio.us Digg this! Add post to My Web 2.0 Add post to Newsvine Add post to Reddit Add post to Simpy Who's linking to this post?

$$ T Theory VO for week of March 21-25 21 Mar 2011 3:31 PM (14 years ago)

Last week's Volume Oscillator for reference
3/14 = -50
3/15 = -85
3/16 = -133
3/17 = -83
3/18 = -32


This week's VO

3/21 = -1
3/22 = -15
3/23 = -11
3/24 = 15
3/25 = 25

This post will be updated nightly throughout the week, so check back periodically for new information.

Add post to Blinklist Add post to Blogmarks Add post to del.icio.us Digg this! Add post to My Web 2.0 Add post to Newsvine Add post to Reddit Add post to Simpy Who's linking to this post?

$$ Weekend Update Posted 20 Mar 2011 9:10 AM (14 years ago)

Terry has published my latest article at TTheory.com.   I have discovered that the market is vibrating to an exciting new cycle based on the Golden Ratio which projects a June 13, 2011 top.  Check it out, and let me know your thoughts.

Add post to Blinklist Add post to Blogmarks Add post to del.icio.us Digg this! Add post to My Web 2.0 Add post to Newsvine Add post to Reddit Add post to Simpy Who's linking to this post?

$$ Support Near 18 Mar 2011 3:17 AM (14 years ago)

Typically during up trends, corrections find support when the percentage of S&P stocks above their 50-day moving average falls at or near the 20-25% range.  As of yesterday, the reading is 33.0%.  The symbol on Stockcharts.com is $SPXA50R.

Likewise, corrections sometimes find support when the percentage of S&P stocks over their 150-day moving average falls into the 60-65% range.  Currently, that percentage is 77.6%.  The symbol is $SPXA150R.

To me, these ranges are a good definition of "oversold in an up trend."  Both served as support in the corrections of July 2009 and February 2010.

I am looking for one more down draft in the equity market that takes us to these oversold levels.  Hopefully, that down draft also produces some bullish divergence on the Volume Oscillator and other momentum indicators.  Such a happy convergence should produce an excellent buy point.

Add post to Blinklist Add post to Blogmarks Add post to del.icio.us Digg this! Add post to My Web 2.0 Add post to Newsvine Add post to Reddit Add post to Simpy Who's linking to this post?

$$ T Theory VO for Week of March 14-18 12 Mar 2011 10:26 AM (14 years ago)

Last week's Volume Oscillator for reference
3/7 = -55
3/8 = -23
3/9 = -25
3/10 = -69
3/11 = -34


This week's VO
3/14 = -50
3/15 = -85
3/16 = -133
3/17 = -83
3/18 = -32

This post will be updated nightly throughout the week, so check back periodically for new information.

Add post to Blinklist Add post to Blogmarks Add post to del.icio.us Digg this! Add post to My Web 2.0 Add post to Newsvine Add post to Reddit Add post to Simpy Who's linking to this post?