Archive for September, 2011

  • The Market Is Stronger Than You Think
    Posted by on September 30th, 2011 at 12:12 am, Comments: 0

    was going through some tweets after the market close and one caught my eye. It was by @HCPG, who tweeted out something that got me thinking. He tweeted:

  • Market Action Over The Past 2 Months
    Posted by on September 28th, 2011 at 9:23 pm, Comments: 0

    As traders, It is VERY important to know what type of market you are in. It does not matter if you are a day-trader, swing-trader or longer term position trader. You need to know the market like the back of your hand.

  • Deflating The Inflation: Part Deux
    Posted by on September 25th, 2011 at 6:38 pm, Comments: 0

    Nearly 3 months ago I wrote a post titled “Deflation The Inflation” that talked about a possible deflating of commodities. At that time, as QE2 finished, a lot of commodities were already off their highs. However, they were not showing heavy weakness yet.

  • How To Add to Partial Swing Positions
    Posted by on September 19th, 2011 at 11:13 pm, Comments: 0

    I recently wrote a post that oil was setting up for a short once more. I wrote about the rising bearish wedge + possible resistance that would offer a great risk/reward trade. Well, last week, I took a 1/2 short position in the Double oil ETF.

  • The Importance of Looking at Longer Term Charts
    Posted by on September 18th, 2011 at 10:56 pm, Comments: 0

    While many many traders are focused on the here and the now (short term), the importance of looking at longer term charts is very crucial, especially if you are a longer-term swing/position trader or investor. While something may look bearish for example on the Daily chart, the weekly,monthly or even the quarterly chart(s) might not look so bad.

  • Gold Is Ripe For A Nasty Correction
    Posted by on September 16th, 2011 at 12:30 am, Comments: 0

    Gold has had a very nice run over the past (insert time-frame here). But, based on some technicals, that run, at least for the intermediate term is over. The technicals point to a possible bearish correction soon.

  • Updates On The Euro & The US Dollar
    Posted by on September 12th, 2011 at 11:58 pm, Comments: 0

    We have seen some crazy action in the currency markets since I last blogged about the Euro and Dollar.

  • Don’t Be Surprised If We Grind Higher
    Posted by on September 7th, 2011 at 11:42 pm, Comments: 0

    After a big gap down on Tuesday on a flurry of worrisome news from over the weekend, the bulls have responded by bidding up the market without pause. Anybody that’s tried to short has gotten run-over.

  • Is The Euro About To Breakdown?
    Posted by on September 5th, 2011 at 11:24 pm, Comments: 0

    With all the European turmoil going on, I thought it would be smart to take a look at the Euro. In first glance, it is holding up much better than one would think. But upon further review…

  • Is the Swiss Franc Marking a Gold Top?
    Posted by on September 1st, 2011 at 9:50 pm, Comments: 0

    Today I was linked to an interesting post that looked at the relationship of the Swiss Franc to Gold. Basically, every-time the Swiss Franc has met this specific trend-line resistance point, Gold has traded sideways-to-negative for the next couple of years.