{"id":16396,"date":"2011-12-06T13:15:00","date_gmt":"2011-12-06T13:15:00","guid":{"rendered":"https:\/\/www2.thestockmarketwatch.com\/stock-market-news\/there-is-a-method-to-my-madness\/16395\/"},"modified":"2011-12-06T13:15:00","modified_gmt":"2011-12-06T13:15:00","slug":"there-is-a-method-to-my-madness","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/there-is-a-method-to-my-madness\/16396\/","title":{"rendered":"There is a Method to My Madness"},"content":{"rendered":"<p><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"ca-pub-1408583772585547\";\n\/* SMW - News Links *\/\ngoogle_ad_slot = \"3490797620\";\ngoogle_ad_width = 468;\ngoogle_ad_height = 15;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/p>\n<p><!--Ad Injection mfunc mode ad include code--><br \/>\n<!--mfunc include_once('\/mnt\/Target01\/327806\/www.thestockmarketwatch.com\/web\/content\/stock-market-news\/wp-content\/plugins\/ad-injection\/adshow.php') --><br \/>\n<!--\/mfunc--><\/p>\n<p>I am even hearing that fundamental managers who normally shun charts and technical analysis as a pagan religion are starting to track such alien indicators as Bollinger bands, relative strength indicators, and stochastics. The 200 day average presents such formidable upside resistance that it will take spectacularly good news to close substantially above it on big volume. A little bit of \u201ckiss and make up\u201d in Europe just isn\u2019t going to cut it, especially when they continue to bad mouth each other among their close friends in private.<\/p>\n<p>Since I am such an inveterate seeker of cross market correlations, I always like to refer to the Volatility Index before taking decisive action on a trade. And guess what? Just as stocks are bumping up against resistance, the (VIX) is bouncing along support at its 200 day moving average. This further reinforces my belief that the indexes are ripe to give back a chunk of their recent gains.<\/p>\n<p>Watch your news service headlines. This contest will ultimately be determined by what does, or does not happen in Europe. And once again, thank you Standard and Poor\u2019s for another belated downgrade of European debt!<\/p>\n<p><!--mfunc adshow_display_ad_file_v2(array('ad_random_1.txt'), array(100), array('align' => 'float right', 'clear' => '', 'margin_top' => '', 'margin_bottom' => '', 'padding_top' => '', 'padding_bottom' => ''), array(), array()) --><\/p>\n<div style=\"float:right;margin-left:5px;\"><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"ca-pub-1408583772585547\";\n\/* SMW - in News 300 *\/\ngoogle_ad_slot = \"5684630733\";\ngoogle_ad_width = 300;\ngoogle_ad_height = 250;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/div>\n<p><!--\/mfunc--><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/web.archive.org\/web\/20111208031035im_\/http:\/\/pr.ak.vresp.com\/e0ad5a14a\/i562.photobucket.com\/albums\/ss62\/madhedge\/madhedge3\/20111203001-sc-1.png\" alt=\"\"><\/p>\n<p>&nbsp;<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/web.archive.org\/web\/20111208031035im_\/http:\/\/pr.ak.vresp.com\/3622efd03\/i562.photobucket.com\/albums\/ss62\/madhedge\/madhedge3\/20111203002-sc-1.png\" alt=\"\"><\/p>\n<p>&nbsp;<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/web.archive.org\/web\/20111208031035im_\/http:\/\/pr.ak.vresp.com\/503daa069\/i562.photobucket.com\/albums\/ss62\/madhedge\/madhedge3\/20111203006-sc-1.png\" alt=\"\"><\/p>\n<p>&nbsp;<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/web.archive.org\/web\/20111208031035im_\/http:\/\/pr.ak.vresp.com\/e95bfc651\/i562.photobucket.com\/albums\/ss62\/madhedge\/madhedge3\/SPY120111203.jpg\" alt=\"\" width=\"558\"><\/p>\n<p>&nbsp;<\/p>\n<p><strong>Don\u2019t forget to check out John\u2019s World Class Trading\/Investing Newsletter \u2013\u00a0<a href=\"http:\/\/wealthinsideralliance.com\/macromillionaire\/live\/?aff_id=707\" rel=\"nofollow noopener\" target=\"_blank\">Click Here<\/a><\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<div class=\"feedflare\"> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/TheTechnicalTraders?a=vfL86xCNUqA:Ht62b0AjY2o:yIl2AUoC8zA\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" src=\"https:\/\/web.archive.org\/web\/20111208031035im_\/http:\/\/feeds.feedburner.com\/~ff\/TheTechnicalTraders?d=yIl2AUoC8zA\" border=\"0\"><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/TheTechnicalTraders?a=vfL86xCNUqA:Ht62b0AjY2o:qj6IDK7rITs\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" src=\"https:\/\/web.archive.org\/web\/20111208031035im_\/http:\/\/feeds.feedburner.com\/~ff\/TheTechnicalTraders?d=qj6IDK7rITs\" border=\"0\"><\/a> <\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/web.archive.org\/web\/20111208031035im_\/http:\/\/feeds.feedburner.com\/~r\/TheTechnicalTraders\/~4\/vfL86xCNUqA\" height=\"1\" width=\"1\"><\/p>\n<p><a href=\"http:\/\/www.thetechnicaltraders.com\/?p=1569\" target=\"_blank\" rel=\"noopener\">Read more here<\/a><\/p>\n<p>More Posts by this author<\/p>\n<ul>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/hot-stocks-to-watch\/there-is-a-method-to-my-madness\/16396\"><br \/>\nThere is a Method to My Madness<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/hot-stocks-to-watch\/is-december-starting-to-look-similar-to-2007-2008-for-gold-oil-stocks-part-two\/16094\"><br \/>\nIs December Starting to Look Similar to 2007 &amp; 2008 for Gold, Oil &amp; Stocks PART TWO<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/hot-stocks-to-watch\/what-is-gold-and-the-transports-telling-us-now\/15913\"><br \/>\nWhat is Gold and The Transports Telling Us Now?<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/hot-stocks-to-watch\/up-up-and-away-maybe-not\/15904\"><br \/>\nUp, Up and Away? Maybe Not<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/hot-stocks-to-watch\/watch-out-for-the-bear-trap-2\/15855\"><br \/>\nWatch Out for the Bear Trap!<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/hot-stocks-to-watch\/options-trading-signals-%e2%80%93-late-afternoon-post\/15835\"><br \/>\nOptions Trading Signals \u2013 Late Afternoon Post<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/hot-stocks-to-watch\/black-friday-or-black-hole\/15712\"><br \/>\nBlack Friday or Black Hole<\/a><\/li>\n<\/ul>\n<hr>\n<table style=\"border:none;margin:0;\">\n<tr>\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/web.archive.org\/web\/20111208031035im_\/http:\/\/1.gravatar.com\/avatar\/364e76ef383af2d9b49ade333e24cc1e?s=150&amp;d=http%3A%2F%2F1.gravatar.com%2Favatar%2Fad516503a11cd5ca435acc9bb6523536%3Fs%3D150&amp;r=G\" alt=\"Gold And Oil Guy\" width=\"150\" height=\"150\" class=\" avatar avatar-150 photo\"><\/td>\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n<div style=\"font-size:11pt;\"><b>Post Written By: <a href=\"https:\/\/stockmarketwatch.com\/metal\/gold-price.aspx\" data-internallinksmanager029f6b8e52c=\"4\" title=\"gold price today\">Gold<\/a> And Oil Guy <\/b><\/div>\n<div style=\"font-size:10pt;\">\n<\/div>\n<\/td>\n<\/tr>\n<\/table>\n<p><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"pub-1408583772585547\";\n\/* 336x280, created 7\/9\/11 *\/\ngoogle_ad_slot = \"3552319058\";\ngoogle_ad_width = 336;\ngoogle_ad_height = 280;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/p>\n<div style=\"margin:5px;margin-bottom:20px;font-size:11pt;\">&laquo; <a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/\">Return to Stock Market News<\/a> &laquo; <\/div>\n","protected":false},"excerpt":{"rendered":"<p>I am even hearing that fundamental managers who normally shun charts and technical analysis as a pagan religion are starting 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