The Waiting Game Goes On

April 11, 2011

As much as I’d like to, in my book there is not much out there to get exited about. Over the years I have come to respect the market’s message. I simply listen to the markets and not to what people might say or think. I have seen so many traders come and go I […]

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Audio Commentary – Gold Biotech S&P 500

April 7, 2011

Quick 3 min audio commentary. Hope you like it. Enjoy! [Audio clip: view full post to listen] Audio Commentary: Gold – Biotech – S&P 500 Gold – Making new ATHs (All Time Highs) Biotech – True bull market flying beneath the radar S&P 500 – Expecting a bit more consolidation, then the market will most […]

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Staying In Wait And See Mode

April 4, 2011

As the title implies I am not eager to trade the markets aggressively here. I am still in ‘wait and see’ mode and I patiently wait for trades with superior odds in order to take action. Otherwise I prefer to stay in cash. That being said, high odds are typically present when the ‘stars align’. That is, […]

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Audio Market Review March 2011

March 25, 2011

My plan is to add more multi media to my website over time. Ultimately I hope to be able to offer videos showing my screen while I go through charts and explain what I see. As you can see, for some reason I had to split the original audio file into 4 parts with 5 […]

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S&P 500 Pullback Technical Shorting Opportunity

March 20, 2011

The S&P 500 chart technicals keep deteriorating. Still, I typically don’t short and prefer to stand aside when going long doesn’t look like a good proposition for position traders. Making money on the short side is more difficult as timing errors are usually less forgiving than buying positions in confirmed bull markets. Another thing I […]

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Intuition Discipline Confidence Risk

March 17, 2011

Going back to the roots of what ‘risk’ is all about. As I suggested rereading Justin Mamis’ passage of ‘When to Sell’ yesterday, I did reread passages of ‘The Nature of Risk’ probably my all time favourite book which was also written by Justin Mamis. Here is a small excerpt. Enjoy! Justin Mamis: ‘The Nature […]

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Sitting On My Hands Watching And Waiting

March 15, 2011

The images of destruction from Japan are very tough to digest. My heart goes out to all those affected by recent events! What most traders probably have on their mind right now is how everything related to Uranium stocks will evolve. I sure was very bullish on Uranium before the earthquake and tsunamis hit Japan. […]

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How To Make A Great Mistake MIT Video

March 11, 2011

Excellent video with thoughts on leadership, loss, failure, fear and making mistakes. Enjoy the video presentation. Great educational value and well worth your time. “The single greatest weakness most people share,” says McColgan is the “unwillingness to take a risk that might lead to make a mistake.” But the problem is “you cannot lead from […]

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New Stock Market Cycle Begins

March 10, 2011

The most recent headlines on my website were ‘Market tone has changed‘, ‘LNG – Cheniere Energy – Chart Technicals are broken‘ and ‘Tough trading ahead – danger of rolling over.’ The market’s personality has now changed. Sellers are getting back in control and right now there is a real shortage of good looking chart set-ups […]

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Tough Trading Ahead – Rolling Over Danger

March 9, 2011

The market is starting to get much more difficult to trade from a position trader’s perspective. First signs of danger are starting to show up. It feels like more and more dark clouds are starting to build. It is not raining yet and it is far too early to predict it is going to pour. […]

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