Wednesday, August 25, 2010
About Me

- Name: Carl Futia
I write two financial blogs. The first can be found at CarlFutia.Blogspot.com. On this blog I do a lot of short term trading and forecasting of the e-mini S&P futures. My second blog is called The Art of Contrarian Trading. It is named after my book with the same title. You can find it at www.TheArtOfContrarianTrading. blogspot.com. My book was published by John Wiley and Sons in June of 2009. Read THE ART OF CONTRARIAN TRADING and then watch me apply its methods to the stock market, the bond market, gold, crude oil, and to any other market that seems ripe for a contrarian approach. I will keep you updated on the market positions of the conservative and the aggressive contrarian trader as described in my book. And I will comment on the latest entries I am making to my media diary, the most valuable tool of every contrarian trader.
Previous Posts
- Guesstimates on August 25, 2010
- Late Update
- out of long at 1050.00 - market broke below day's ...
- Long one unit at 1054.50
- Low in place
- Quick Update
- Guesstimates on August 24, 2010
- ??????
- covered short at 1073.00
- short on unit at 1071.00
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3 Comments:
i am not an elliott waver at all but i ve seen many exhaustion swings ending as a 5 wave ending diagonal with a very short term a-b-c directional move just before the trend reversal. I see it the case for USDJPY as well. Holding on my long just above 85, expecting a daily/weekly close above the 8476 level. Cheers. MC
curious how much of the economy was driven by spending from the massive housing rise over the last 30 years. I am 41, and i know the generation before me bought homes in California for 20K, now worth millions and dumped all that equity into the market.
Carl,
Great call today on ur guesstimates and overall market prediction!
Man you were right on!
ex
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