About Me
I currently live in Chicago, IL and work for a small start-up nanotech company. I recieved my Ph.D. in chemical physics at the University of North Carolina and then went to Northwestern University for a postdoctoral appointment.
I am skeptical by nature, which is probably one of the reasons why I was drawn to science. When I first started my study of the market I came in with a strong bearish bias. I guess that is why I chose The Novice Bear as the name of the blog. After a deep correction, I was convinced the market was well on its way to utter collapse. What actually happened was that the market turned up and never looked back, leaving me, The Novice Bear, behind. Missing out on huge gains was a painful, yet valuable lesson. The market does what it wants, no matter what I might think.
While I feel that my knowledge of the market has improved dramatically, I have decided not to change the name of my blog as it is a reminder of my past mistakes.
O K O K… I find a reflection of myself in you…same hear a scientist trying to beat the market…can we be friends?
Great site! Not the Kirk Report…but, non the less insightful. I’m new to trading and wish to learn of Tom Demark,Welles J. Wilder,Cynthia Kase,Robin Meschand others.
Hey Sandeep,
Do you have any other url’s other than http://www.research-lab.com?
Paul
Thanks. You picked a great time to start Danny. I hope you can learn from my site.
By the way, aren’t you supposed to be at Cameron Indoor Stadium right now dropping threes on Duke? Get back to the game already!!!
Go Heels!
Hey, how`s it going? It`s your fellow trader Richard from Hedge Against Speculation. Just wanted to let you know that I moved from my blogspot.com domain to a brand new .com one just like yourself lol. So you can now find me at http://hedgeagainstspeculation.com So if you could update your blogroll that would be awesome. Oh and ya, you`re on my new blogroll by the way
Good luck with everything, and happy trading!
This is one of the few sites that I frequent. I tip my hat to you.
Thanks Willie. I hope I keep your interst.
Paul
Paul — Have been reading your blog for awhile. Long time Telechart user. Started with Blocks in January. Also a Tar Heel grad.
Couple of comments. (1) On your inverse head and shoulders, notice there is a possible compound left shoulder — and only one right shoulder so far. Leaves open the possibility of one last shot to the downside after this rally completes in mid to late May. And that could also be the final test of the bottom, before the market takes off. At least, that’s my current hypothesis, and I’m sticking to it.
(2) On your 4/12 Bearish Bias entry re: NDX, notice that while the NDX and SP500 both turned down close to Fib resistance (as they were likely to do), the NDX had topped its previous rallies since the January bottom, while the SP500 failed to top 2 recent rallies. Could be argued the NDX was actually showing superior strength, rather than underperforming the SP500. In fact, the NDX has been outperforming the SP500 on a relative basis since late January. Have a Blocks layout showing this I would be happy to share with you, if you wish.
Thanks for a great blog, and look forward to more of your interesting ideas.
Thanks for reading Dan. I too wouldn’t be surprised by one more shakeout move, but if we can hold above the resistance we just broke, I suspect we move up very quickly.
Hi Paul,
I couldn’t find your email address on the site, but I would like to correspond with you if possible. Email is my first initial and last name @ tradeking.com. Thank you!