Reading charts.

I view charts from the perspective of people with positions (long or short) in the stock and those looking to get in or out.  What would compel them to act?  What can a big guy or crowd of HFTs do to pile on and get something started?  Who is trapped ? What is a possible surprise ? I'm always looking for that.

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.

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