Tuesday, 2 August 2011
Weekly view of SP-500.
Let's look at the big picture. The market remains stuck in a wide and loose sideways trading range. There is a head and shoulder possible formation that we need to observe and there is possible support there from which the new rally could start. We have to wait for the market to tip its hand for us to act. Although trading is an active verb, sometimes the best action is no action.
Tuesday, 26 July 2011
Mindset.
"To live a pure unselfish life, one must count nothing as
one's own in the midst of abundance." (Buddha)
one's own in the midst of abundance." (Buddha)
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