The up auction continues.

The up auction continues for now in spite of price stalling a bit at these levels.

Secrets to Success

http://www.youtube.com/watch?feature=player_embedded&v=-0PrTkE5jG4#!

1.Trust yourself

2.Break the rules

3.Dont be afraid to fail

4.Don't listen to "no" sayers

5.Work your butt off

6.Give something back

for the week ahead

                                            click to enlarge


While there is higher risk that we're entering consolidation period S&Ps cash $1300 - $1370 price action is not confirming that as of yet. Maybe this week things will change, but until they do the path of least resistance is upward.

The market is unpredictable by nature which is why the best is to stay focused on the price and what "it" does rather than what we think the price should do under the current conditions. The price is never too high or too low!

S&Ps cash 60 min. view

          The up auction continues. Enjoy the ride and remember, it would not last forever!


market snapshot

DJIA 12984.69
Nasdaq 2956.98
S&P 500 1363.46
30-Year* 3.127%
Euro $1.3371
Nymex Crude $107.83

follow up on a Gold trade

                                click to enlarge


   @_ the up auction continues

NOTE _NOT AFTER THE FACT CHERY PICKING BS, BUT THIS FOLLOW UP IS GOING ON FROM THE TIMELY, ACTIONABLE BLOG:  

                                                     WEDNESDAY, 25 JANUARY 2012

          gold - daily downtrend line violated