Archive for September, 2008

  • Habits
    , September 26th, 2008 at 6:26 am

    Nothing so needs reforming as other people’s habits.
    ~Mark Twain

  • Overconfidence
    , September 25th, 2008 at 6:20 am

    Danger breeds best on too much confidence.
    ~Pierre Corneille

  • Free Educational Trading Videos
    , September 24th, 2008 at 10:34 am

    The most popular video I have recorded is the MACD TUTORIAL I think it is most popular because of its educational nature and it does not rely on specific prices in the market, it has a longer shelf life than a video about any days price action.

    Online video is an excellent way to learn at home at your own pace which is why I think the Ino TV program is such an excellent learning resource. By clicking THIS LINK you will be required to enter your name and email address which will allow you to view these four free videos.

    Charles LeBeau- Exit Strategies
    Linda Raschke- Classic Indicators
    Russell Sands- I Am A Turtle
    Mark Cook- Common Trading Pitfalls

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    Larry McMillan
    John Murphy
    Martin Pring
    and a lot of other names you will recognize.

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  • Luck
    , September 24th, 2008 at 6:19 am

    When you push your luck, sometimes luck pushes back.
    ~Unknown

  • Open Mind
    , September 23rd, 2008 at 6:18 am

    Minds are like parachutes, they only function when open.
    ~Thomas Dewar

  • Know Thyself
    , September 22nd, 2008 at 6:17 am

    You don’t have to know your opponents, but if you don’t know yourself, you’re dead meat.
    ~John Vorhaus

  • SEC SHORT BAN LIST
    , September 21st, 2008 at 5:00 am

    The entire list of the stocks on the SEC list can be found HERE

    I did a little data crunching of the SEC list and refined it to a list of stocks which I would be watching most closely for upside over the next couple of weeks. Many of the charts of these stocks are not bullish on longer term timeframes but they may be good trade candidates after pullbacks and then renewed upward momentum. All of the stocks are under $50/share, trade at least 300K shares per day (20 day average) and have a short interest of at least three. The shares short as a percentage of float is also a consideration and all of the stocks have at least 5% of the float short as of the most recent reporting data.

    Here are the symbols
    ADVNB
    AMFI
    BBX
    BX
    CBU
    CMA
    CNS
    CRBC
    CVBF
    DSL
    ETFC
    EWBC
    FBP
    FHN
    FIG
    FNFG
    IPCR
    MBI
    NCC
    NYX
    ORH
    PBKS
    PJC
    PNSN
    PRSP
    RDN
    RJF
    SNV
    TFSL
    XL

    These stocks should all be considered risky trade candidates only. There are still big underlying fundamental problems for most of them. Trade them using the concepts in THE BOOK

  • Gone Fishin’
    , September 20th, 2008 at 12:20 pm

    Perfect timing for a vacation. The market expended quite a bit of energy on Thursday and Friday and uncertainty looms large. Good luck with the madness, risk management is job #1!

    I will be fishing with my Dad on the KENAI RIVER for the next week. We will be on the hunt for “TROUTZILLA” and staying out of the way of the guy in the picture below.

    Do check in though, I have some posts loaded to “auto-publish” throughout the week (including a list of financial stocks to watch which will be published tomorrow morning) and I will bring my laptop, just in case…

  • Stock Market Video Trend Analysis 9/19/08
    , September 19th, 2008 at 3:45 pm

    There are problems with the “uploader tool” at mybloop, so there is no high res video available. Put on your glasses and squint at the youtube one instead.

  • Live Market Chat
    , September 19th, 2008 at 2:41 pm

    Who wants to talk about these markets? I am not trading for the rest of the day (unless I see something really good, but for now the needle is out). So join me at 3PM Eastern HERE

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