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IYB
IYB (Don) has been a trader and student of the market for more than four decades. He spent two decades on Wall Street as a top producing broker for Merrill Lynch, Shearson and others, and today is one of the most prolific contributers to Traders-Talk.com, a popular meeting spot for top equities and commodities traders, where he has been sharing his detailed technical analysis, unique trading tools, and general trading concepts since 2002. He is the author and creator of the highly acclaimed Seven Sentinels market indicator, among other technical tools:
The concept of the Seven Sentinels is my own and is based on a very simple but universal truth that I've observed in nature, everywhere I look, since I was a child - the principle that external follows internal. The Seven Sentinels are internal measures of the pressure produced by prevailing money flow into or out of the markets. External price movement follows this building pressure as a very natural process, just as birth follows pregnancy, exhaling follows inhaling, a volcano follows the build up of gases below the Earths surface or a Tsunami follows a 10.0 earthquake. If you observe the one, you can trade in sync with the other. This simple truth provides perhaps the most powerful trader's edge in existence.
Good Friday Jobs Report
Fri, Apr 02, 2010
How we are positioning today, ahead of April 1 close, with jobs report to be released Friday
Performance
Sun, Jan 03, 2010
On June 19, 2010 Seven Sentinels.com did something that which few timing services would ever dare to do! We began having UpDown.com TRACK IN REAL TIME the actual bottom line result of our market analysis and trades and publish that record 24/7 for all to monitor. The results speak for themselves with unmistakable clarity. To date, our tracking account is up over 100%, outperforming SPX by well over 100%. We know of NO other timing service that can begin to match our record with real time tracking of trading results. Period.
