don't put your hand to a plow and look at the things behind

You’ve got to be able to generate within yourself the mind set that you must always be going forward.

"Don't fight forces, use them."

                                      something new for a watch list

while you're trading, or waiting today, and asking yourselves... How does one make big money in this market ? have a glass of pineapple juice

For good nutrition pineapple juice is a good choice.

Pineapples juice are low in calories and high in nutritional value. A one cup serving contains only about 80 calories, but provides all of the vitamin C that a person needs every day, plus some. 

It is also a significant source of potassium, folate, calcium, magnesium, phosphorous, niacin and zinc. Last but not least, it contains a unique dietary enzyme called bromelain.

some of the possible scenarios for coming week

A. buyers come in, confidence increases, we have a summer rally ( summers used to be dull, not anymore ? )

OR

B. last week was a sucker's play and we go downhill in a "fast and furious" way

                               weekly, inside bar  (with a close set up for a follow through )

Fads come and go... technology marches on... but human nature, and the basic best practices of sound trading, forever remain.

"one good trend pays for them all"

                             
                                         https://www.youtube.com/watch?v=LiE1VgWdcQM

" bandwagon ” theory: Traders often hear about “tulip mania,” the “South Sea bubble” and other similar events where traders have followed the crowd to send p...

ung

                                                                  weekly

 

monthly

UNG

                                          ( for tomorrow buy stop at )  $20.20

follow up on AAPL

reference #'s  to consider below are 514.50 and 508.00

The single greatest challenge you face as an investor and a trader is handling the truth about yourself.

Now ~ 'The S&P 500 is up over 20% year-to-date. Despite the move it's had so far this year, most have had a tough time of things including the trend following wizards who are tracked here: http://www.automated-trading-system.com/trend-following-wizards-September-2013'

follow up on AAPL

                                   good reference point below is at 508.oo

AAPL

Apple's cash purse is so big, it represents approximately 10% of all US corporate cash ~ in one company 
~ failed failure, now looking for a break out of this triangle/flag/consolidation area

"All life is an experiment. The more experiments you make the better."

October: What’s the big deal?

In an already unsettled world, the month of October is known for its surprises. It is also known as the “jinx” month because of the crashes in 1929 and 1987; the 554-point drop on October 27, 1997; back-to-back massacres in 1978-1979; Friday the 13th in 1989; and the credit crisis meltdown in 2008.

10/10/08 marked the “Dow’s worst week in history on Wall Street” when the Dow lost 1874 points or (-18.2%) in one week. For whatever reason, the markets tend to send mixed directional messages during October.

October the Bear Killer

There have also been some wicked bottoms made in October, and that is why the month is also known as the “bear killer.” October has turned the tide in post-WWII bear markets in 1946, 1957, 1966, 1974, 1987, 1990, 1998, 2001, and 2011. The Dow made its previous 1589 top in 2007, the 20-year anniversary of the 1987 crash, then droppd 2.6%.

The end of October ends the “worst 6 months” for stocks and starts the best 6 months, from November to April. October is a great month to buy with solid gains from 1993-2007. And last but not least, October 2001 was the the second month to gain 1,000 Dow points.

Best 6 Months

The best 6 months for stocks starts November 1 and goes to April 30. While some people may dispute it, the stats speak for themselves. There are definitely good and bad seasons for the stock market and the fall is not a good time, but the year end tends to be.

The top performing months are November, December, January, March and April, dating back to 1950. The best 6 months gained 14,654.27 Dow points in 62 years, while May through October lost 1,654.97 points. The S&P gained 1,477.55 points in the best six months and lost 97.71 points in the worst six. For many traders, this is reason enough to take the summer off.

If the markets didn’t have enough historical reason to be spooked going into October, our government just handed us–and the world–a lot of avoidable uncertainty about the U.S. dollar and our ability to keep our house in order. It raises a broad range of questions and concerns about what the rest of the month will bring. ~ an excerpt from MrTopStep

The qestion is: can we hold the gains we got ?

most breakouts fail, but not all of them, follow through is the key now

the wiser a man becomes the more he knows that he doesn't know

S&P 500 cash

Friday was an inside day, the break tomorrow will set up the tone for the beginning of the week. Possible C&H formation. Confidence is low.

News : "Months of anticipation will come to an end this week when the Federal Reserve finally says whether it will start to rein in its massive stimulus of the economy, which has flooded financial markets with some $2.75 trillion over the past five years, supercharging returns on everything from stocks to junk bonds."