A trader needs to know:
1. when to be long,
2. when to be short
3. and when to sit on his hands.
This week's trading clearly tells me to not waste too much energy chasing something that isn't there. The market is searching for direction right now. There is no momentum, no traction. It is not sure where it wants to go. There are too many mixed messages out there and hence the rallies are weak and the selloffs are unconvincing.
Cash is KING!
- ► 2012 (58)
- ► 2011 (113)
- ► 2010 (319)
- ► 2009 (543)
- Stages Of A Trader by Bo Yoder
- XBD BreakDown Update
- Bear Flag Building Time
- Stock To Watch: CRK
- BO Yoder NewsLetter
- To The Anonymous Posters
- Update On XBD Breakdown
- Holy Grail Setups Took Place Today
- Two Stocks To Watch Once The Dust Settles
- All Eye's On Johnson's Blog
- USO Breakout! FUCK!
- DOW JONES Supports Broken
- DJIA At Lows and VIX Looks Coiled And Ready To Exp...
- SOLD MY SKF Overnight Hold: Total Take Of $3700
- SQM Trade
- Bo Yoder Letter
- Trades Taken Today
- GOOG: Head And Shoulders Topping Pattern
- DOW Jones Long Term Chart
- MA SHORT SETUP
- NR7 On the Indexes: Expecting An Expansion In Pri...
- Stock To Watch
- Expectng HUGE Move In USO Soon: Probably UP.
- Getting Ready To BREAKDOWN
- On VIX and CRUDE Watch Next Week: Exciting Times!
- More Contrarian Indicators Starting To Surface: Cr...
- Awesome Feature Offered By StockCharts.com
- DEAD ON SUPPORT
- Index Charts: CRUDE Looks To Be Topping Here. Posi...
- Bearish Sentiment Continues To Run High Amoung Sma...
- Bo Yoder Newsletter
- Banking Meltdown
- MXC SETUP
- ATW Setup
- More Setups. I Tried To Post Yesterday But Was Una...
- Hope Some Of You Profited From Those Setups I Post...
- I Have trouble Believing The Bears Will Win
- Bo Yoder NewsLetter
- A Major Blonde Moment
- Two New Bloggers
- Stocks To Watch: ENS and ENER
- Trade Of The Day: Double Bottom Trade in SKF
- GOOG and BIDU Bear Flags
- Important Observation:
- Breakdowns All Over
- JRCC Breakout
- DOW Weekly Chart Update. Fallig Wedge Still In Pla...
- Anatomy Of A Super Short Squeeze
- Bo Yoder Letter
- IPI Chart Explodes On Cramer Pump With Me In it! B...
- Note to Self: Ben Affleck(aflack, lol) Sucks At Ac...
- Chart For Fate's Pilot
- Powerful Setup In A Powerful Stock In a Powerful S...
- Chart For MJ. FSLR Falling Wedge.
- Falling Wedge Update: Second Trendlines Breaks!
- SOL Setup
- Falling Wedge Update
- bo yoder letter
- I Am Not Sure Why But My Eyes Keep Pointing To Thi...
- So What Are The BEST Looking Charts Right Now??!!
- Three Positions A Trader Must Take
- Update On The Dow Weekly Chart
- Digging Under The Surface: A Little Rally Could Be...
- XCO Setup
- bo yoder newsletter
- ▼ June (67)
- ART OF TRADING Premium Site
- Finance Trends bog
- It's Gold
- Keep Unread Blog
- momentum trader
- My Trader Interview
- Mystic Stocks
- NYC Trader
- Rant About It Blog
- stock rook goes pro
- Stock Virtual
- The Market Guardian
- Todds Trade
- trader market blog
- Trader9999 blog
- Trading Momentum blog
- Trading With Average Jay
- Wall Street Warrior