Saturday, September 25, 2010

SEMINAR? Only if there is demand. 2nd, 3rd Oct.

20100925 From Yahoo Finance, Stocks reignite gains as economic woes fade.

Some comments:

"Zahid Siddique, an associate portfolio manager at Gabelli Equity Trust Inc., said traders are only reacting to the latest news because there still isn't certainty about the pace of recovery.

"Based on the daily data they get, they move the market one way or another," Siddique said.?

I just wonder sometimes how the experts make these types of comments. Look at the attached 4 hour chart of the NDX (Nasdaq 100 index), it is clearly in an uptrend, rather than investors reacting day to day economic news....

The DDD (Doomsday Double Dipstickers) like Raubini are ducking for cover now.

Meanwhile, cable closes at the weekly closing high, longs should be maintained...

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From Dragons and Bulls by Stanley Kroll
Introduction and Foreword
The Importance of an Investment Strategy
5 The Art of War, by Sun Tau (circa 506 BC) and The Art of Trading Success (circa AD 1994)
That's the way you want to bet
Long-term v Short term trading
Technicals v Fundamentals
Perception v Reality
Part 1: Winners and Losers
Part 2: Winners and Losers
Sun Tzu: The Art of War
Those who tell don't know, those who know don't tell
Why there is no such thing as a "bad market"
The Secret to Trading Success
The Experts, do they know better?
Risk control and money management
Larry Hite: The Billion Dollar fund Manager
Systems Trading:Kroll's Suggested Method
Buy the Strength Sell the Weakness
Good advice
The 'good bets' business by Larry Hite
Don't lose your shirt
Ed Sykota's secret trend trading system