DJIA is flirting with 13000 area

first time since April, confirming the downward line of least resistance

Why do I coach ?

In 2005. I had an opportunity to pass some of my knowledge along to other traders. It turned out to be the perfect combination, trading and being able to teach others. I was able to give back, similar to the mentors and coaches that had helped me in my trading career. One thing I enjoy doing is helping others and another one is trading. Jumping into those tracks set me on the path to finding something that gives every fiber of my being a purpose. Trading is not glamorous, it is boring, it is lonely, it is not easy, but there is nothing else I would rather be doing. If at any point you have any questions or do not understand something or question what I wrote please feel free to send me an email: mtci@telus.net

Who is stopping you now?

"The question isn't who is going to let me;
it's who is going to stop me."~ Ayn Rand

recommended reading: Atlas Shrugged 

follow up on YUM

The Trend Rider: actionable: yum now

The Trend Rider: actionable: yum now: Over the door to his office Thomas Edison had written: "There are no rules here - we're trying to accomplish something."  daily v...

The Trend Rider: yum

The Trend Rider: yum: I have come to respect “gaps” in my nearly twenty years of watching markets; when they happen (especially in stocks) they are usually ...

taking a look at S&P cash

we have lower highs and lower lows in place, the line of least resistance is downward

As you reflect on your trading this weekend consider folowing saying

"The definition of insanity is doing the same thing over and over and expecting different results."

Happiness.

"Happiness is permanent. It is always there.
What comes and goes is unhappiness.
If you identify with what comes and goes, you will be unhappy.
If you identify with what is permanent and always there,
you are happiness itself."
 ~ Poonjaji