Thursday, 21 July 2011

There is no one right answer -- but an endless number of right answers -- to most of trading problems.


Remember that money-making, like all business, is about getting the highest return for the lowest cost. If you compare money-making to flying a plane, trading is like flying an inherently unstable aerobatic plane and investing is like flying a relatively stable one. To fly the first you must be at the controls all the time or you’ll crash. To fly the second, you just check out the plane (and the pilots), point to your goal and (eventually) get there.



US Dollar watch.

Monday, 18 July 2011

2011.


In recent years the market has shown a consistent tendency to bounce back from selloffs that occur on the Monday following options expiration. In fact, 16 out of the last 17 occurrences since 2005

SP-500 defending support area.

Where are we going next ? We are going to go ..... with the flow.