Author: Edge Trader Plus

Monday 31 May 2010  In the last article, mention was made to heed the message of the market, for sometimes, it is clear.  This does not always mean it is easy, otherwise everyone would be making money all the...

Friday  28 May 2010  The market showed the kind of weakness on Wednesday’s rally we wanted to see within the down trend to warrant a short position, yet we opted not to follow it.   Previously,...

Tuesday Evening  25 May 2010  What could have gotten uglier for the bulls appears to have ended, at least for now.  Price did reach the February low, forming a double bottom, and they often hold the first...

Monday  Evening  24 May 2010  Yesterday, mention was made that the market will show its hand.  Today it certainly did that, for clearly the sellers are in total control.  We said if there are any...

Sunday  23 May 2010  Reading the market is not always an easy task, but being patient and letting it declare itself, especially in what may appear to be times of uncertainty, will pay off and prevent costly...

Thursday  20 May 2010  This has become a difficult market within what seems to be a downtrend.  After several days, since the 13 May reaction rally high to 1170, price has clearly been dropping, but the net...

Tuesday  18 May 2010  How prescient and timely was the last article stating that not every day is a significant one.  Of course, that was not meant to apply to Monday’s trade, for yesterday...

Sunday  16 May 2010  It was necessary for the market to show downside follow-through if a new selling wave were to get underway.  [See S & P – Market Showing Weakness, last paragraph].  We had an...