Can't see much upside Friday as long as Rita lurks in the Gulf Uncertainty will hold prices down - sell any rallies. Once the full effects...
From a techincal point of view, I can see a bounce off of a good resistance level on the IWM chart. But I am more interested in fundamental...
I've always been amazed at the poor quality of posts here.
I use a simple approach to investing. Trying to pick market bottoms makes no sense. Instead, i prefer to wait patiently and watch for signs...
We got our oversold bounce today. What reason is there for more upward movement? What incentive is there right now for buyers? If...
The current trend for oil is down, due to decreasing demand. Also, OPEC is meeting on Monday and may announce increased production. Going...
The S&P is not volatile enough for my tastes. Trading the ES is....boring. I trade the Russell 2000 (ER2) index instead of the S&P The...
Bingo
The goal of your activity should be to relax and NOT think about trading. Do whatever activity fosters that approach. I personally like golf...
same problem here I'm readly to close a trade for a profit and can't. very frustrating
Hammer on the oil daily chart could indicate a bottom. The low for the day tagged the lower band, another bullish sign. Careful: oil is...
lets see.. The world markets are secretly controlled by sinister banks. Those evil banks are controlled by an elite international group of...
I'm predicting an up day on Tuesday. Oil prices are heading lower. Bonds and the Dollar have stablized. S&P back above 50 ema And on the...
The Friday before Labor day is historically bullish. But I think the markets could go down. The dollar has gone down very hard the past...
Despite the S&P's impressive performance, I've noticed the TRIN index closing above 1.00 for the last 8 sessions. Is the July rally getting...
I would have to agree that this appears to be bullish The trend looks well defined on the QQQQ\IWM chart
Ripley, stop watching your account balance and focus on what your charts are telling you. Watching the money is a huge distraction.
I always watch the Dow Jones Financial index (DJUSFN) It's a good way to measure how the market reacts to any sort of economic news. Use a 5...
This does bring up a good point.. Every trader should have a well thought out disaster recovery plan. A predefined 'circuit breaker'....
If I ever lose 10 trades in a row, I'm quitting day trading and getting back into the Information Technology business!
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