"consolidating"

"breakouts lead to trends, trends lead to extremes, extremes lead to backing and filling, backing and filling leads to consolidation, consolidations lead to breakouts"
Wash, Rinse, and Repeat.

check blogs,  March 31, China capping its annual rare earth output.
                     April 4,  Why can't most people buy the all time high ?

The information contained herein is not, and should not be construed as an offer to sell or an offer to buy any securities

follow up, " Pivotal Points "

Possible change in basic market direction, and the perfect psychological moment to act at the beginning of a new move. maybe!

The information contained herein is not, and should not be construed as an offer to sell or an offer to buy any securities

follow up, breakout through "pivot buy pint"

The information contained herein is not, and should not be construed as an offer to sell or an offer to buy any securities

First thing first. Before we make money

Everything starts with a belief system, as it determines our experiences in life and trading.
We don't trade the markets, we trade our beliefs about the markets. Knowing that, we have to have a plan that is supported by our beliefs or we have to change our beliefs in order to get results we want. Desired results are therefore the starting point in developing our trading plan and dictate the plan we chose.

" Pivotal Points "

There are  market patterns that work as I have observed and learned. One involves a market rising from a bottom, and another one is a falling market. Basically, the trend is your friend. Moderation and Patience for Confirmation are required for that style of trading.

The information contained herein is not, and should not be construed as an offer to sell or an offer to buy any securities

"gaps"

check blog : March 28

Is there a viable way to trade gaps ? 

Basing after big run.

    Moved over 500% in 10 month since its IPO, and is in the top group, and is in the normal basing process.
      BSFT is expected to announce its earnings before open on Mon. May 9.

The information contained herein is not, and should not be construed as an offer to hold, sell or an offer to buy any securities

"Constructive base"

Polypore International (PPO) has been consistent leader since the beginning of this upward trending market and is in a top group. Earnings release is expected after the close on Wed. May 4.


The information contained herein is not, and should not be construed as an offer to sell or an offer to buy any securities

U.S. Dollar Index

The path of least resistance is downward.