Nice clientele…Hillary Duff, Jessica Alba.
Yeah I think the only thing that will cause a correction is something that we might be seeing now, which is a lack of equities for the bots to churn. I wouldn’t be surprised to have a small correction, before continuing up thru the end of POMO. The past 2 Fridays, the big boys have been selling big S&Ps. I guess we’ll see. Just a correction big enough to let off a little overbought pressure.
i’m still finding some solid companies with solid fundamentals to go long on. it’s when i run out of these finds, that’s when something is usually going to happen. it can still happen, despite the finds, dow futures down 22
If past history was all there was to the game,
the richest people would be librarians.
Warren Buffett
Stock prices behave this way as well. I can spot past signals, that worked, avoid those signals, and try to find a signal, that looks fresh, hasn’t been used in awhile.
i’m always asking myself, “am i looking at this stock’s price history, or am i formulating it’s new price channel. there’s a subtle difference between these two.
if i’m looking at its price history, which is an easy mistake to do, i scrap whatever work i did, and start all over.
sometimes the history, matches up with the fundamentals, then i go with the history.
this tgt chart is a good example. history says 51.17 last low ( history) should hold. fundamentals / reality say, go long now, or at 50.7. use a 50.2 stop loss. or if under 50.2 ( feb pullback) just wait for the 52.5-53 exit. i prefer using the 3% stop loss. move to the next trade. http://zstock7.com/wp-content/uploads/2011/02/tgt-2-18aa.jpg
Nice clientele…Hillary Duff, Jessica Alba.
Yeah I think the only thing that will cause a correction is something that we might be seeing now, which is a lack of equities for the bots to churn. I wouldn’t be surprised to have a small correction, before continuing up thru the end of POMO. The past 2 Fridays, the big boys have been selling big S&Ps. I guess we’ll see. Just a correction big enough to let off a little overbought pressure.
Fed dictator Bernanke needs to be toppled:
http://www.marketwatch.com/story/fed-dictator-bernanke-needs-to-be-toppled-2011-02-15
Who is interested in the dollar? Is a better question.
3.7 Trillion budget for 2012 is a joke.
I’m convinced our leaders want this country to fail. All they are buying with printing money is time.
something in germany, bad elections outcome —that might tank the german mark, aka fxe, right?
if the pound tanks, will the dollar move higher? that’s good for bears in most cases, right?
i’m still finding some solid companies with solid fundamentals to go long on. it’s when i run out of these finds, that’s when something is usually going to happen. it can still happen, despite the finds, dow futures down 22
Here is a good article – looks like the “Mother” of all indicators is saying we have found a top… read both pages…
http://www.thedailycrux.com/content/6887/Jeff_Clark
Short the Euro and GBP (aka Fiber and Cable), see charts for strong resistance.
http://oahutrading.blogspot.com/
If past history was all there was to the game,
the richest people would be librarians.
Warren Buffett
Stock prices behave this way as well. I can spot past signals, that worked, avoid those signals, and try to find a signal, that looks fresh, hasn’t been used in awhile.
i’m always asking myself, “am i looking at this stock’s price history, or am i formulating it’s new price channel. there’s a subtle difference between these two.
if i’m looking at its price history, which is an easy mistake to do, i scrap whatever work i did, and start all over.
sometimes the history, matches up with the fundamentals, then i go with the history.
this tgt chart is a good example. history says 51.17 last low ( history) should hold. fundamentals / reality say, go long now, or at 50.7. use a 50.2 stop loss. or if under 50.2 ( feb pullback) just wait for the 52.5-53 exit. i prefer using the 3% stop loss. move to the next trade.
http://zstock7.com/wp-content/uploads/2011/02/tgt-2-18aa.jpg
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