Trading Difficult Markets
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Read MoreIt now looks like the next stopping off point is at 11,500, before the Dow turns and tackles the climb up to 13,000. That sounds pretty low. But, the current run down looks pretty deliberately headed for lower territory. And I...
Read MoreThe Dow Jones has established support at 12,271 by bouncing off the line and continuing on upward. It is likely that it will bounce off the 13,000 line and head back downward, but here’s a free 600 points for you by riding...
Read MoreRegarding politicians complaining that the iPad is destroying jobs, like libraries, bookstores and all book-related jobs–Here’s my response:When Gutenberg first started printing books, the public was all up in arms...
Read MoreThe Dow Jones has been tinkering with the 12,000 mark and not doing much. It will probably do a little more backing and forthing at this level and then move on up to resistance at 13,000.
Read MoreOne more fast move up is all we need to complete the run to the Attractor at 11,750. Once that is touched, it will probably turn back down until it reaches 10,740.After that correction, it will be back to the small bull market...
Read MoreThis line of attraction we have been following for months, is just about ready to be hit. There’s not much further to go. The Dow right now sits at 11062, and that 200 points can be easily made in a day.My opinion is that...
Read MoreLet’s get this thing going. As soon as I get 20 followers, I’ll start posting each weekend. When I get 100 followers I’ll post daily.Then you will have short-term trading advice straight from the TradeStation...
Read MoreDow (INDU) is still working on making its way up to the 11,200 – 11,300 level. It will get there soon. And probably make a quick move to do so. Once it does, watch for more downside action as the markets struggle with the...
Read MoreThe Dow still sits under the 11,397 Attractor, just chopping around sideways. This is not a good time to be trading this market. I still think the Dow will rise to the occasion and make its way on up to the Attractor. But, it...
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