trading

trading

Tuesday, 28 June 2011

As you consider your own goals, also consider what you are willing to sacrifice for what you expect to receive.

In the arts, medicine, science, or business. Nothing worthwhile ever comes easily. As you consider your own goals, also consider what you are willing to sacrifice for what you expect to receive. You should be prepared to give generously of your time and talents long before expecting a return on your investment. Many “overnight successes” worked in obscurity for many years before they finally achieved their goals.
Opportunity comes often. It knocks as often as you have a trained ear to hear it, an eye trained to see it, a hand trained to grasp it, and a head trained to use it. - Warren Buffet


                     The information contained herein is for educational purposes only.

Thursday, 23 June 2011

Today we had an upside reversal on good volume.




Today we had an upside reversal on good volume in Nasdaq and Russell. Dow and S&P closed a bit lower with small losses. What is worth noting is that in spite of all doom and gloom around us we had not set a lower low. 200dma is holding for now and the bulls are hoping it won't break. The market likes to surprise and a new trend often emerges when the majority least expect it, so it is worth staying alert and watchful for clues left by leading stocks and major indices.