Profile | Red Dragon Leo - Stock Market Trading on the Darkside

Unbelievable! The PPT (Government) managed to rally the market back up to close just inside the rising wedge once again. But, time is running out...

January 20, 2010

Looks like we got our back test... only a little higher then I expected. Regardless, I don't see it going higher tomorrow, as there are...

January 19, 2010

This weekend update is going to be a "KEEPER", as you should bookmark it and re-read it in about a month from now. Also, you...

January 17, 2010

Finally, a decent sell off! The market sold hard today with 212 million shares traded on the SPY. Remember how many times I've stated that...

January 15, 2010

Today was a flat day as the market awaits JPM earnings tomorrow morning at 7am EST. Intel's earnings came out after the close today and...

January 14, 2010

Well, I expected them to take it back up (as I said yesterday)... but not all in one day! I stated yesterday that I thought...

January 13, 2010

I was beginning to wonder if this market would ever pause and take a rest, but... like all living things, it did! The sell off...

January 12, 2010

In my weekend post I stated that I didn't know where or when the market is going to correct. Well... it looks like we might...

January 11, 2010

Forecasting this market has been nothing short of Hell lately! The market had every reason to sell off on Friday... yet it didn't? It should...

January 9, 2010

Sometimes is better to be ignorant, as knowing too much will only confuse you. Like today for example. Anyone with half a brain would have...

January 8, 2010