Followers
Subscribe to:
Post Comments (Atom)
Blog Archive
-
▼
2008
(607)
-
▼
October
(79)
- QQQQ Analysis
- BOOOOOOOOOOOOO!!!!! Happy Halloween!!!!!!
- FXP Looks Ready Turn?
- Coiled Up
- VIX Breakdown
- Note To Self:
- VIX Refuses To Give Up The Line
- Yet Another Inverse ETS Update: Supports Holding
- EEV
- FXP
- Bo Yoder
- Inverse Funds Update
- It's Baked Into The Cake
- OUCH! Calling It A Month!
- Inverse Funds Setups Update
- Same Ol Same Ol: Another Sucker's Rally
- Inverse Funds Setting Up Again: Video 4: Sorry for...
- Got Shorts?
- She Could Be Our President!
- The Stock Market Exposes Another Loser!
- Disappointing Day For The Bulls
- Charts Hinting At A Possible Rally Brewing
- My Game Plan Today
- You Have Benn Warned!
- VIX! Oh BOY!
- Short Setup To Watch
- VXN Falling Wedge Update
- IT'S ELECTION TIME!!!!!
- Video 2: Update On Inverse Funds
- AAPL Earnings!!!!!!! WOW!!!!
- Inverse ETFs Closing Numbers Update
- What Rallies Look Like These Days
- Inverse ETFs Mid Day Update
- Market Update
- Bo Yoder Newsletter
- Point and Figure Charts Paints The Picture
- Are You Ready?? CNBC Faces Will Look THIS!!!
- Short ETFS 60 Min Charts Setting Up: These Are Ver...
- Should Cramer Be FIRED???????
- YOU MUST WATCH THIS CHART!!!!
- VIX Chart Finally Topping Out?? :-( :-( :-(
- Interview With One Of The First Guys To predict Th...
- Reading Around The Blogs
- Smart Sitting On The Sidelines
- Stock To Watch Tmrw
- What A Shame To Miss Today
- You Need To Read This To Understand What Is Leadin...
- Thanks For Voting Everyone!
- Examples Of The Weak Reversals I AM Seeing
- I Apologize For Talking Shit About This Man
- VIX Update: But Does This Indicator Really Mean An...
- I AM NOT CONVINCED
- US Dollar Breaking Out Now!
- Ummm yea. I Have The Right To Be Wrong.
- Thanks For The VOTES!!!
- Update On Recent Short Setups
- UYG Update: UYG Price Target $5---- SKF EXPLODING!
- I got a notice the short ban had been extended to ...
- Expect Irony Tommorrow
- VIX Looks Toppy here. Could See A Short Term low ...
- US Dollar Starting To Look Toppy
- FED Intervenes! I Wish They Would Have Waited And ...
- Prediction: We Drop To 8500 On The DOW TODAY!
- Futures Pointing To Yet Another Crash Open
- All Eyes On Dem Financials Tomorrow
- Rock The VOTE!!
- Financials Breakdown Update: YIKES!!
- I Have Feeling
- VIX Monthly Chart Since 1990
- Classic Images: Off The Yahoo Front Page
- VIX Update
- US Dollar Topping Out?
- Short Setups and Breakdowns
- Barring Any FED Rate Cut Or Major PPT Maneuvering....
- A Previous Post Revisited: How The 2002 Bear Ended
- Short Setups
- BE Very Careful PLEASE.
- Just A Gut Feeling
- Trading The Open: Why Trading The Open Can Yield N...
-
▼
October
(79)
Cool Traders/Sites
- ART OF TRADING Premium Site
- Charting Trends blog
- Denarii
- Finance Trends bog
- It's Gold
- Keep Unread Blog
- LaserTrader
- momentum trader
- My Trader Interview
- Mystic Stocks
- NYC Trader
- Rant About It Blog
- stock rook goes pro
- Stock Virtual
- StockPursuit.com
- The Market Guardian
- thecrosshairstrader
- Todds Trade
- trader market blog
- Trader9999 blog
- Trading Momentum blog
- Trading With Average Jay
- Wall Street Warrior
11 comments:
Hey Stewie,
Thanks for stopping by my blog and for your kind words of encouragement. Today was brutal for me, but certainly a learning experience which is forcing me to fine tune my rules and guidelines. I broke your Rule #8.
What's most difficult for me at times like this is not having much of a social outlet with people that are in this profession. Wallstreak is great, but can get distracting. Could I impose on you to share your email address so that I might share with you ideas I have regarding my strategies? So I could get your constructive criticisms.
Thanks!
Have a great weekend!
traderstewie@yahoo.com
The indices finished on a bullish tone. I'm expecting a bounce next week. It doesn't really matter what way we go though now does it. With nearly a 1000pt swing in the dow in a day, you can trade any direction.
i agree.
You may be right stewie but I think that after the beatdown this past week not many were willing to jump right in and hold over the weekend. Especialy momentum traders that give a big extra umph to the indexes on any rally.
So with that in mind, the final hour was a good start to restoring confidence.
Something to build on.
If we do selloff to start the week (which we may for a variety of reasons including a final flushout headfake) I think it'll get bought up and we'll close higher next week than we did this week.
Just my thoughts. In reality with this market we could hit Dow 5000 Monday and Dow 10000 by Friday. lol.
stewie
hey bud, evry rally has been met with disaster and this time won't be any different
7000 im a buyer
yes guys. all good point. I am picturing the JAse scenario in my head. a final flushout monday/tuesday and then a RAMP higher of historical proportions.
7000 DOW seems like a flushout and i can imagine plain delirium.
In the past every weekend meeting between govtment officials has raised optimism only to be met with vious selling come monday. Will this time be any different??!! we will find out in 48 hours when we look at the SP futures quotes.
either way, i am looking forward to this stuff and as i have said before: EXPECT ANYTHING!
it appears you guys are always expecting another washout, after every washout. I guess we will know as soon as we drop to new lows.
I have come up with a different thesis for this market, we go straight up and frustrate the heck out of everybody who is obviously sold everything by now.
I dont know if you remember guys, but 3 months ago the oih was at 230 and we were running out of oil.
ahahhahaha
Hey folks, todays rally didn't do much to reverse the damage that has been done to the market. As some of you know I trade systems based on signals that I get from custom indicators that are created from the market internals. What I was witnessing over the last week or so was very shocking to me. So much so that I had to share it via my blog. Today's afternoon rally didn't do diddle to improve these indicators.
A picture is worth a 1,000 words. Check out my blog:
http://marketmonksmusings.blogspot.com/
MM
I think in a market like this you need to look at the monthly charts and see where the next major support is,I am looking at the horizontal support which is at approx 7,200 for the Dow,770 for the S&P.I feel the market has to fill its gap and get to these support areas before the bears turn bullish.
It's gonna be a bear market for a while. A retracing of the sharp decline we have is going to be fast and hard. The problem is, even if the bulls make any gains, if they see even a slight drop in price action they will sell off and we see all red again.. Its going to be very volatile for a while!
Post a Comment