Archive for September, 2008
Tuesday, September 30th, 2008
Traders, you are seeing what confusion and uncertainity does to the markets. This is why i said get in and out or stand aside. Even if we get a rally on the bail out passing, the global markets look bad. The gbp/usd is weak and look for a fall. Now it [...]
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Monday, September 29th, 2008
Hey Guys,
This is UGLY and the blame is clear it is on the BANKS and GREED that perpetuates in Washington and in the back offices of many of our trusted institutions. America is hurting and hurting bad and I believe that many of our citizens will NOT feel it for a while. The [...]
Tags: dow jones collapse, down collapse, fear, stock market, trading
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Saturday, September 27th, 2008
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Thursday, September 25th, 2008
Learn the key technical analysis the pros use. Trade with Serenity on your schedule. The Forex market allows you to trade on your time. Many in the United States have a bit of fear about trading currency markets, yet they are losing their retirement accounts in the stock market. Learn to take [...]
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Wednesday, September 24th, 2008
Traders, we are in limbo due to congress and talking heads saying a lot of nothing…it all hedges on the passing of the Paulson plan. I said yesterday to SELL on rallies or step aside. This does not mean i won’t bring you potential good set ups. Again, if nervous PAPER TRADE [...]
Tags: captial one, cof, paulson, trading
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Tuesday, September 23rd, 2008
Hey traders
I am sitting at the gate in the Phoenix airport watching the market on my laptop. The market is getting spanked. If you feel beat up, confused and out of sync with the moves in the market it is OK. Remember, the market DOES NOT like uncertainty and it is all [...]
Tags: depression, fear, recession, stock market
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Friday, September 19th, 2008
Hey there traders. I just wanted to share an example that we talked about in the workshop. I told you to avoid buying at the open and especially in a market like this. The reason is it gaps up and then sells off. BBT hit a new high but sold off. [...]
Tags: BBT, risk management, stock market, Stock Trading
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Thursday, September 18th, 2008
Ok traders another volatile day with a power close. Have a look at the DOW and the train tracks that formed with today and yesterday, reversal? We will see. I want to share with you the Vix. It shows fear and the mantra is when the VIX is high it is [...]
Tags: fear, vix, wfmi, wholefoods
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Wednesday, September 17th, 2008
In our webinar yesterday I shared with those of you to think SHORT term. As an example yesterday I purchased some Sept AIG calls for .80 and sold a few hours later for $1.65. This was a speculative FED play and worked well, but very short. I also sold my puts on CHK. [...]
Tags: AIG, chk, Dow Jones, oil, puts, retail, short selling
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