QQQQ
SPX
SPY
AMAZON
REIT
NLY
INCLUDE
NASDAQ
APPLE
AMBAC
MBI
ICT
CALL
EXPECTED
UNITED
FRE
SIRI
FOREX
GENERAL
CHINA
FORECAST
CREDIT
SHLD
INVESTORS
Q4
PUT
DOLLAR
WB
ILI
SAYS
MUCH
UPGRADE
CEO
SPX
SPY
NLY
INCLUDE
NASDAQ
APPLE
MBI
ICT
CALL
EXPECTED
UNITED
FRE
FOREX
GENERAL
CHINA
FORECAST
CREDIT
SHLD
INVESTORS
Q4
PUT
DOLLAR
WB
ILI
SAYS
MUCH
UPGRADE
CEO
TAG
GROWTH
CUT
CCE
LIQUIDITY
Here's my premise. EUR/USD is bottoming....... .....when it reverses, badly-battered crude will rally.......... .......thus I have bought DIG....... ..........and DBA....... Shout out to G.W.: <yoda voice>War does not make one great..........</yoda voice>. Twerp.
This is a pretty typical scene in the morning. I'm reading the Times, minding my own business, and SuperDog is able to leap on top of the breakfast table. If I wanted this kind of behavior, I'd have gotten a cat..........which I've never done. Sheesh. Random remark: the picture of Obama and Hillary on the front page is a skosh creepy. Just sayin'.
Allow me to illustrate the simple application of support and resistance to a very short-term trade. First, the chart: As I stumbled downstairs, puppy in hand, I glanced at the ES chart and saw that it had fought its way back up to short-term resistance (see horizontal line). I figured this was a pretty safe place to short, so I sold 20 ES at 834. My initial stop was set to 837, but as the marke...
Good morning, folks. The ES has, not surprisingly, pushed from its badly-oversold level of 813 up to about 837, but as you can see from the image below, there is so much overhead resistance in the short term that it has backed away. I made some quick green yesterday evening with a long position, and this morning I sold ES at 830.50, since the odds of weakness in the very short-term seem to outw...
Something a little different this afternoon - - I've gone through my charts and have picked out my ten favorites (which is no mean feat...........). I figured it was time to stop navel-gazing about comments and just throw some charts out there. As for market direction, I think Evil Speculator did a bang-up job with charting out the next few months, so I'll be a bum and just direct you toward hi...
I noticed a couple of comments lately; one of them on Slope: And another from xtrends...... Allow me to say a few things: Reading my blog every few days doesn't cut it; I am very nimble with my trading. Yes, I mentioned a target of 1000 last week, and I'm still confident it will be met in the coming months, but it doesn't mean a straight line there. You cannot read a post on Thursday and expect...
I was intrigued by the comment posted by GreatWarrior: Well Tim, allowed me to say this. I have read your posts probably 3 times a day, but frankly I am not sure if you ever make a directional calls with a conviction. Here's what you have been doing: Your wordings on general stock market does not have the "Conviction". Your bearish posts would contain words like "may .... prefer..", and many ti...