Today’s rally in the general markets surprised me in point total but the volume is typical of holiday trading and nothing really has changed in my opinion. I will hold off taking any short positions until the new year just in case bulls want to push this market higher so the main sectors I’m going [...]

clipped from www.finviz.com Asset Management Health Care Plans REIT – Office  

I really expect more from Time after reading this article questioning whether or not China is going to make it through the worldwide economic crises. China may only get 5% growth and they’re talking about that as if that’s a bad thing. The way I see it is any slowdown in China right now is [...]

…and it says that 2009 predictions are completely useless and a huge waste of time. It’s hard enough to try and figure out which way a particular stock, index or commodity is going to go on a daily or weekly basis, let alone where it’s going to end up at next year’s close. Besides, almost [...]

This chart has been very strong off of the November lows but it could be running out of steam. It hasn’t rolled over yet so I’m not predicting that it will, but given many other negative indicators regarding the health of this rally I tend to think this will be rolling over putting the final [...]

This is not really funny, but I laughed anyway. clipped from www.financialsense.com

Techs were a big drag on the Nasdaq today and lookingat a 15 minute of the chart it appears that index wants to move lower. I already have a sell on the Nasdaq from last week so I’ll be looking for signs of weakness and I see two here. Moving averages are still in bearish [...]

If you have spare time over the New Years holiday check out the following collaboration by Dinosaur Trader. It’s a “best post of 2008” by the traders that make up his blogroll and it’s worth checking out as it may introduce you to a blogger that you don’t already follow. I think it’s a great [...]

This video is taken from Trade Pilot Pro‘s blog and it’s a shame that he doesn’t update on a regular basis as he did about 6 posts last year, but this video is excellent regarding the psychology of trading. His bit about looking at the chart while you’re in the trade, and then analyzing the [...]

Roger takes the long way to remind people about position sizes and not making the big bet on any one position to protect your entire portfolio, but he does eventually make a good case. If you’re still trading after this disastrous year you’re either new to the markets or you already know this but it’s [...]