ES_after Friday's close_click to enlarge
The up auction continues with anxiety running high at quarter end and S&Ps up almost 12% for the year.
Last week of March is the most bearish of the month_ so possible consolidation or even a nasty one day shake and bake action_ which would produce some new patterns for us to trade.
Remember, price predicts the future_not investors.
Have a great week.
Monday, 19 March 2012
Saturday, 17 March 2012
wrestling with revenge
If there is one emotion that is completely void of the essential quality of
good sense, tolerance, accurate thought and wisdom, it is that emotion we call
revenge. It quickly derails one from his definite chief aim, causes a loss of
focus, drains one's vital positive energy and ultimately self sabotages one's
own journey towards achievement.
And so it with us in trading, when caught in destructive quest to satisfy
our desire for revenge, it blinds our ability to think accurately, become
productive and lose sight of our goal.
Friday, 16 March 2012
IRE_for your review
click on the chart to enlarge it
http://finviz.com/quote.ashx?t=IRE&ty=c&ta=0&p=d
The information contained herein is for educational purposes only and is not, and should not be construed as an offer to hold, sell or an offer to buy any securities.
http://finviz.com/quote.ashx?t=IRE&ty=c&ta=0&p=d
The information contained herein is for educational purposes only and is not, and should not be construed as an offer to hold, sell or an offer to buy any securities.
Wednesday, 14 March 2012
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