This is a video about trading and I find that it contains a lot of truths that I eschew in the contrarian trading paradigm. Take a minute or two to watch this. Some very good points.
2pm Central: State of the MarketLook for a post at 2pm where I discuss the direction of the NASDAQ for your investing convenience. Dont place more trades until you read this.
Tradinginsider…Read More
NKE EarningsNKE: Im sure glad we got out with those puts when we did. NKE smashed through its earnings estimates. Based on its past performance history, I knew it was going to beat the street, but I didnt realize by this much. It turns o…Read More
Friday and Next Week ForecastWhat will the NASDAQ do Friday and into next week? Lets take a look:
In looking at the above chart it would appear that there is some disagreement between the RSI (top indicator) and the MACD. The MACD looks as though it c…Read More
EXIT CLBI short @5.64This morning we exit the CLBI short at 5.64. Yesterday we shorted it at 6.47. That leaves us with an overnight profit of 12%. Not too shabby. Most people would be happy with that gain in a year. Stay tuned today as I hunt the…Read More
The Stock Earnings system this site usesHello everyone. Here is the method that I use for the stock earnings system for the 1045 report.
I basically do two things over and over again:
1. I bounce trade stocks interdaily. At about 1045 in the morning central time …Read More
I am going to go for another put option on the QQQs because I just saw a false bottom go by on the indicators. Hold on to your calls, whatev...
I have always been a gambling enthusiast. What really sparked my interest in gambling was the new riverboat legislation in illinois/chicago ...
How to Predict which way the Market will go 1-2 days in the future, or techincal Indicators MACD The Macd is a trailing indicator that is...
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