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Author: Jeff Pierce

Dollar To Breakout?

The dollar has no business going up, but maybe it’s a case of it’s the best of the worst currencies out there. So far this recent move up is unimpressive at best, with no volume behind it, however if it manages to...

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Synergize

“You don’t have to take insults personally. You can sidestep negative energy. You can look for the good in others and utilize it to improve your point of view and to expand your perspective. You can be synergistic...

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Look Out Below

Awhile back I looked at the average bear market rally during the Great Depression to see what we can expect a normail bear market rally to look like percentage wise and came up with these numbers. Avg % decline = 40% Avg % rally...

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Day of Rest

Spent a good portion of the day responding to comments and emails as there has been a lot of good energy on the blog today. Thanks for that. I look at my blog sort of as a journal/scrapbook for my trading and it’s...

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Divergence in Oil

Anybody else notice the divergence between the price of oil and the ETF that tracks oil (USO) towards the end of the week? These two charts should always trade in tandem, and they normally do, but there is some recent...

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How the Other Half Lives

I could never imagine myself trading in the pits. It looks like it can take years off of your life. That much stress can have devastating effects to your health. This is interesting to watch from a distance,...

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Is Your Mind a Balloon?

I came across this site www.how-to-meditate.org the other day while on Stumble upon and thought I’d share it with you. It gives some basics of meditation, breathing exercises, andrecommended readings. While I’ve...

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Hi Ho Silver

The precious metals feel like a crowded trade at these levels. It’s risen for 4 straight weeks busting out of a bearish wedge pattern and now the RSI is right at resistance. A small 1-2 wk pause would be healthy maybe back...

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