Still stuck in this channel. No need to hurry. Watch how this plays out. If it breaks above the BLUE line, go long with ULTRA-LONG ETFs. Vice-versa if it breaks down.
Recession Watch
8 hours ago
Subscribe to:
Post Comments (Atom)
Analyze different stocks and markets to understand trends leading to successful trading and possible long term investments
Subscribe Now: Feed Icon
Labels
- Analyst predictions (20)
- Currency (20)
- Earnings (12)
- Economy (23)
- Emerging countries (4)
- ETF (1)
- Historical Data (2)
- IPO (1)
- Miscellaneous (2)
- News (60)
- Reviews (1)
- Trading Updates (61)
- Trends (55)
- World (6)
Favorite Links
Blog Archive
-
▼
2008
(157)
-
▼
October
(13)
- Circuit breakers for US Markets- NYSE
- Nouriel Roubini on CNBC- Recession to last two years
- Buffett Says Now Is the Time to Buy U.S. Equities
- US markets direction not clear
- Nobel Laureate Krugman Sees a `Nasty' U.S. Recession
- Dollar Libor Logs First Weekly Drop
- US Markets 60 min chart
- SPWRA earnings
- We Are Facing an 'Inflation Holocaust': Jim Rogers...
- S&P 500 chart- US markets bottom yet ?
- Mutual Fund outflows surge
- MOS earnings- misses forecast
- Senate approves bailout but US futures drop; Dolla...
-
▼
October
(13)
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.
Disclaimer
This is not trading or investment advice. All opinions and posts in this blog are intended for educational purposes only and none of us are liable for any potential damages that may be incurred from this information.
No comments:
Post a Comment