Archive for February, 2009

  • Live Market Analysis
    , February 15th, 2009 at 11:33 am

    Monday Feb 16 at 7 PM Eastern HERE This free event will not be recorded. We will review the market trends and look at some individual stock ideas. Please message me on twitter with ideas you would like to see discussed and I will choose from the most popular. I will not respond to emails about this event, only twitter, it forces brevity. Thanks, hope you can make it.

  • Stock Market Video Analysis 2/13/09
    , February 13th, 2009 at 5:22 pm

    What is CONTANGO and how does it affect Crude Oil ETF’s? Very important to understand if you trade these ETFs.

    Here’s a case to trade USL instead of USO

    I viewed the site which advertises real time charts on this blog and it is an excellent free service, much better than most free charting websites out there.

  • 5 Day Moving Averages
    , February 13th, 2009 at 11:30 am

    are often where the market finds sellers. Many of them are also at key levels of prior resistance. Upside may be limited ahead of the 3 day weekend.

  • Intelligence
    , February 13th, 2009 at 6:59 am

    No great genius has ever existed without some touch of madness.
    ~Aristotle

  • Stock Trading Ideas for 2/13/09
    , February 12th, 2009 at 11:23 pm

    Review of some ideas, talk of money management and the triple levered funds.

  • Stock Market Video Trend Analysis 2/12/09
    , February 12th, 2009 at 5:33 pm

    There seems to be a problem with this video that is taking more time to process at youtube, please be patient.


    Untitled from brian shannon on Vimeo.

  • Still Ugly
    , February 12th, 2009 at 2:16 pm

    The markets continue to flirt with disaster and it seems as though buyers are playing a very dangerous game. The A/D is 740:2204 this afternoon could see a bigger breakdown.

  • Salesmanship
    , February 12th, 2009 at 7:06 am

    The definition of salesmanship is the gentle art of letting the customer have it your way.
    ~Ray Kroc

  • Stock Trading Ideas Review 2/11/09
    , February 12th, 2009 at 12:08 am

    Review of previously mentioned stocks.

  • Stock Market Video Trend Analysis 2/10/09
    , February 11th, 2009 at 5:27 pm


    A lot of people have been mentioning that the triple leveraged funds from DIREXION do not trade as expected. Some people have gone so far as to call them a scam. I like to daytrade them because of the extraordinary volatility. If you read the prospectus, the funds are designed to correlate only on a daily basis.

    From the prospectus “No Fund attempts to, and no Fund should be expected to provide returns which are a multiple of the return of the benchmark for periods longer than a single day.” If you have traded these funds, you should have received a prospectus from your broker. See page 8 for a more detailed description of how how these funds work before you decide to trade them.

    Technical Analysis Video 2/11/09 from brian shannon on Vimeo.