Ed Goodman Jr asked if I’d explain what I mean about the ‘gap rule’.
The framework of the ‘rule’ has two phases:

The market generally will close at least 50% of an open-gap (i.e. an open that gaps above the previous close) in the first 60-minutes; and
If the market does not do this, we can expect a […]

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Refer this blog post to a friend or colleague…

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In S&P Jan 2009 III, I explained why I had placed stops  above 868.20, basis March, on a RePo short signal triggered on Jan 07, 2009. In today’s short blog, I want to outline ancillary data I had considered as at Jan 07 and rated a low probability.
Figure 1 shows the Barros Swing picture.

FIGURE 1 […]

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We are at the end of the process. In this blog, I’ll complete phases ‘Enacting’, ‘Embodying’ and ‘Performing’. It’s worth taking a moment to review how we arrived at this juncture:

We started with a clean slate, shedding preconceptions and allowing the data to shape a picture of the market’s possible future direction.
We then subjected the […]

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I have just received a message from our mentor to act as Moderator for today’s post. Given his itinerant nature lately, I have agreed to step into the breach once more. I just recall President Obama’s clarion call lately - to go for green energy.
President Obama has been a proponent of […]

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We now come to the pivotal phase: ‘The Presencing’.
Up till now, the strategy has been one of letting go:

Move beyond our mindsets and
Squarely face reality. In facing reality we
Use both our right and left brain as well as our emotions.

In this phase, we begin the process of ‘letting come’. The information we have accepted will […]

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Yesterday we looked at some of the prerequisites for crystallizing intent. Today we’ll look at each of the elements in detail. For the record, below is a restatement of the elements.

Crystallize Intent
Move into context
Suspend judgment and move into wonder
Enter the space of seeing together

Every book on success, every course I have taken on success, every […]

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In Decision-Making III, we looked at the elements of ’seeing’. The best way of defining ’seeing’ is to adopt Ayn Rand’s definition of the virtue of honesty: to never consciously fake reality (“honesty is the recognition of the fact that you cannot fake existence“). So, before we examine the elements suggested by Scharmer, we […]

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A quick one tonight. I am typing this at Changi Airport, Singapore, en route to Sydney. In this blog, I’ll set out the elements of Theory U’s ’seeing’. Recall that stage one was ‘downloading‘ - where our mindset is closed to new information. We are right, and we’ll maintain that stance no matter that there […]

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In Theory U, C Scharmer proposes a new model for social change. The model has direct application to our topic.
In Figure 1 we have the steps of the model. We start with ‘downloading’ - in this stage we use only the patterns of the past: a schema unchanged by fresh information and the insights and […]

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