Ray Dalio Principles

October 10, 2011

A few gems taken from Ray Dalio’s Principles. Here’s the link to the ‘Principles’ Ray Dalio founder of Bridgewater Associates published: http://www.bwater.com/Uploads/FileManager/Principles/Bridgewater-Associates-Ray-Dalio-Principles.pdf I remained wary about being overconfident, and I figured out how to effectively deal with my not knowing. I dealt with my not knowing by either continuing to gather information until I reached [...]

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Stocks Breaking Key Chart Support Levels

October 4, 2011

So much for averting a sell-off. Stocks are breaking key support levels across the board. Plenty of charts out there are simply broken. The market now looks like it is about to head for a heavy fall in prices. I’m not going to predict anything here. My job as a trader is to listen to [...]

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Bulls Avert Market Selloff

September 28, 2011

The bulls have averted an impending market selloff. The technical situation was extremely dangerous and a breach of support would most likely have led to a meltdown type of situation. Now you could argue that it wasn’t actually the bulls who bought but instead the Fed that did its magic. Who cares. The markets are [...]

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Francois Trahan Wealthtrack Video Interview

September 27, 2011

Excellent Wealthtrack video interview with Francois Trahan. Interesting stuff and well worth your time. As usual, Consuelo Mack does a great job. Enjoy. Topics covered: Uncertainty in the world Europe and the possible disintegration of the Euro Fed not effective anymore Gold’s best days might be over Economic recovery probably starting in the first half of 2012 [...]

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Back To High Cash Levels

September 22, 2011

Some quick thoughts on today’s market action. The market is chopping undisciplined traders to pieces. The market had the opportunity to build some kind of trading range but the bigger chart pattern pressure kicked in today. We are most likely in a bear market. For regular readers this shouldn’t come as a surprise. From a [...]

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Sify Technologies Stock Trade Betting On India’s Growing Middle Class

September 21, 2011

As I promised in today’s newsletter, here’s a Video analysis of SIFY – Sify Technologies Limited, my newest portfolio addition. I explain my trading rationale from a macro analysis standpoint and then I discuss the stock from a technical analysis perspective. Enjoy! http://www.youtube.com/watch?v=x5OxLvDKii8 Here’s a summary of the video content: Positives: Growing middle class in India [...]

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How To Recover From A Trading Mistake

September 20, 2011

Tonight I got an email asking for my thoughts on how to recover from a trading mistake. I think the answer I gave applies to various kinds of situations and will be helpful for other traders who are struggling with a set back. This is what I replied: Dear fellow trader, I do believe the [...]

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Quick Market Update

September 15, 2011

Another quick post as I don’t have enough time to post more in-depth stuff. On to the various stocks and sectors: WPRT – Westport Innovations: Stock is acting exactly as strong stocks are supposed to act. Great separation move away form the upper boundary of the ascending triangle. At some point in time a consolidation pattern will [...]

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Reading Suggestions

September 13, 2011

Not enough time to write an in-depth post tonight. Instead, I’ll highlight a few great posts you should check. Enjoy! Gold – Where to from here? – Colin Twiggs Copper breaking bad – can gold keep the faith? – Data Diary One-eyed men (who would be kings) – Humble Student of the Markets Scenario intact in [...]

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WPRT Westport Innovations Potential Natural Gas Infrastructure Leader

September 8, 2011

My newest portfolio addition is WPRT – Westport Innovations a Natural Gas Infrastructure play. As I have stated quite a few times in the previous months I am starting to get very bullish on 2 themes: Natural Gas Infrastructure related stocks Agricultural Commodities (Check my Technical Analysis Video on DAG – Double Long Agriculture ETN) [...]

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