Tag archive for ‘market crash’
Gotcha Good
Well, well,well.
While you (and me) lay sleeping, the gotcha trading reversed and plunged overnight.
It is getting close to Halloween, and the Boy’s are getting more mischievous.
The patterns often repeat; it’s the timing of them that is important for the health of our accounts.
After long and studious observations of the market, I have brilliantly concluded that [...]
The dagger
Daggers were stuck in the heart of the bulls today.
Have I said before that I am a trend trader and that I prefer trading with the trend until it stops working?
If that philosophy was good enough for Jesse Livermore, it’s good enough for me.
This was the third largest daily rout ever. So yes, it’s an [...]
Thanks Jim
As if the market doesn’t have enough problems already, Jim had to go and give us his opinion on national TV.
I actually don’t have a problem with his thinking; but isn’t this a bit like closing the barn door after the horse got out?
We are testing the lows of 2003, and his suggestion is pull [...]
Humpty-Dumpty
Humpty-Dumpty sat on a wall…
Those fortunate enough to understand market dynamics established position shorts about a week ago.
Look back and see how much the market has fallen the past 12 trading days: Almost 300 points!
Bear markets are vicious, nasty animals that can rip you apart going in either direction.
When they are hungry, better get out [...]
Fallen from Graceland
The market did the Elvis plunge today, falling from grace with even the most ardent of the bulls.
We have spoken of the dangers of catching a falling safe, and today was perhaps the most significant illustration of the reasoning behind that premise.
Our system is built around simplicity.
Either you know the secret code or you don’t; [...]
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