Friday, March 31, 2006

Q1 2006 Review

OK, bulls, you win. This quarter goes to you. Cheers.

The approximate gains in the major U.S. averages for Q1 2006 were:

S&P 500 +3.75%
Dow 30 Industrials +3.65%
Russell 2000 (the huge winner) +13.6%
Nasdaq 100 +3.55%
Nasdaq Composite +6%

I looked at the past quarter of my blog (my God, I spit out a lot of charts!) and thought I'd share an equal number of bad and good suggestions. I'll get the nasty ones out of the way first.....click on the links to see either the chart or the posting:

The Flops


The Winners
As for me and my fellow bears - we'll get cha in Q2! :-)

4 comments:

John Wheatcroft said...

Maybe maybe not. The only thing that matters at the end of the day is being on the right side of the trade regardless of the position.

The candlesticks this evening appear to be foreshadowing a rise on Monday. I hope everyone is positioned for that eventuality.

kapil khanna said...

Signs of an intermittent bottom on the DJIA have begun to appear. Its going to gather momentum to try and break out of the 11350-11450 range to unchartered warters.

Tim Knight said...

In the pithy words of John Wheatcroft: Maybe. Maybe not.

John Wheatcroft said...

This is a great site - keep up the good work Tim.