for now, the path of least resistance is upward

you choose

Robert FREY - 180 years of Market Drawdowns

The implications of market moves are nothing I can control or worry about.

                                     I’m just here to try and profit form the changes in price.

The model suggests further downside into late 2016.

Simplicity is better than complexity when it comes to investing.

Over the last ten months, shareholders have lost 99% of their money as the stock has dropped from a June 2015 high of $31.56 to just under 25 cents per share.

Think before you speak or act. Lead by example. Trust but verify. Ask tough questions. Challenge conventional wisdom. Make mistakes. Admit to them. Forgive freely. Pursue truth. Be relentless. Persistence trumps talent. Never quit. Do the work. Keep the wonder.

Warren Buffett

trading into a triple bottom and 16-year trendline support, and now bouncing

Working hard to succeed doesn't always work...

                                                                     ... OR SUCCEED

Money

Profitable trading comes from developing the discipline NOT to engage in counterproductive behaviors.

today is a FED day

Who are you?

The Bank of Japan meets tonight and the Fed will announce their decision on rates/ policy on Wednesday.

I attribute much of my success and the accuracy of my predictions to my ability to recognise and admit when I'm wrong and then make changes accordingly.

possible

NYSE

stocks down 3% for the month

We head into the weekend with stocks down 3% for the month.  This follows a bad January. In fact, the stock market is working on a fifth consecutive negative month. The likelihood, however, of it finishing down for February is very low.  It's only happened 18 times since 1928.  So the S&P 500 has five consecutive losing months just 1.7% of the time, historically.