Stocks and Markets

Analyze different stocks and markets to understand trends leading to successful trading and possible long term investments

Thursday, October 16, 2008

US Markets 60 min chart

S&P 500 broke above the downtrend channel. Now is this the new formation of a bull flag? Still unclear.
Posted by Sam at 8:23 AM
Labels: Trends

10 comments:

wheel excavator said...

haha.

October 16, 2008 9:16 AM
wheeled excavator said...

not bad.

October 16, 2008 9:19 AM
excavator thumb said...

not bad.

October 16, 2008 9:19 AM
used excavator parts said...

haha.

October 16, 2008 9:24 AM
backhoe loader for sale said...

very cool.

October 16, 2008 9:30 AM
loader attachments said...

very nice! hahahahaha

October 16, 2008 9:35 AM
excavator parts said...

im here because of few cents for you. just dropping by.

October 16, 2008 9:36 AM
hydraulic excavator said...

wow, very special, i like it.

October 16, 2008 9:41 AM
excavator dealer said...

sure, why not!

October 16, 2008 9:47 AM
gehl skid loader said...

when will you go online?

October 16, 2008 9:56 AM

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About Me

Sam
I have been actively trading for the past 3 years. After 2 years of struggling with stocks, I reached an inflection point in October 2006 and have been making good profits since then. I learnt that identifying trends early and focusing on the fundamentally best stocks in that trend is very important. Moreover just fundamentals are not good enough. You need to complement that with good Technical Analysis to pick great entry points and exits. They say a picture speaks a thousand words and I strongly believe in that. I use trendlines, Fibonacci and Elliott Wave theories as part of my TA tool sets. Last but not the least, one needs to keep accurate trading records and have a sound money management system to succeed.
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