Markets Are Difficult To Read: DGW – MELA – SIO.V

November 10, 2009

Markets are still very difficult to read. With quite a few stocks I see increased volatility, erratic moves and bulls and bears alike being trapped on a regular basis. This is typical trading behaviour during trading ranges. These are tough times for trend followers and position traders. Whipsaw country to be more precise. If you […]

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Staying On The Sidelines

November 9, 2009

Sometimes you go through hundreds of charts and do hours of research and still do not come up with great trading setups and trading ideas. Right now is one of those times. I can’t find compelling set-ups I am willing to trade. I don’t even feel like putting on some starter position to test the […]

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Replenishing My Public List: NXT.V – BSK.V – PX.V

November 5, 2009

A while back I removed quite a few stocks from my public list. This is a good way to avoid becoming emotionally attached to stocks. There will always be another opportunity. What is even more important is to be open for new and fresh ideas. In my opinion that’s the essence of being a successful […]

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Howard Lederer Video Interview – On Poker And Trading The Markets

November 4, 2009

Michael Covel just published a new video interview. This one is about what kind of strategies you need to apply in order to win. Although the video is more or less about poker the insights of Howard Lederer can easily be applied to trading. Here’s a passage in the interview I’d like to quote: It’s […]

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VEN.TO – Ventana Gold And LSG.TO – Lake Shore Gold Setting Up Again

November 3, 2009

Just a few quick notes as I am still not in active trading mode. The market – I’ll use the QQQQs as the reference – are trading lower as opposed to where they traded when I exited a few days ago. All the positions I held are trading higher though. The message the market is […]

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Dr. Brett Steenbarger Video – Getting Back In Control

November 2, 2009

Brett Steenbarger needs no introduction and this video he did with SMB Capital is absolutely awesome. Brett Steenbarger calls it ‘Getting off tilt’. I consider ‘Getting back in control’ an equally good title as it probably much better reflects the way I think right now. It does a great job explaining a lot of the […]

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Stepping Aside – Going To 100 Percent Cash

October 28, 2009

I sold all my positions and went to cash today. On the one hand this was a very tough decision. Today’s email went out to roughly 1.000 people. At times this can add some additional pressure. On the other hand it was an easy decision as running a website really helps being disciplined as it […]

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Marc Faber Video Interview From Copenhagen

October 27, 2009

Marc Faber mentions Brazil as an interesting emerging market in this video interview. I had plans to add a ‘Brazil Sector Overview Chart’ to my public list. This interview simply reinforces my determination. I’ll add Brazil to the Sector Overview Chart list soon. In the meantime enjoy the video interview with Marc Faber! Have a […]

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Some Market Thoughts Including: QUC.V – CAN.V – STEC – U.TO

October 27, 2009

The picture hasn’t really changed. The markets continue to be weak and technical damage is increasing day in, day out. A few stocks like WEE.V – Wavefront Energy can buck the trend, but it feels like they are really swimming against the stream. With most of my positions I am seriously starting to get the […]

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REEs And Gold Stocks Rolling Over

October 26, 2009

It sure looks like more stocks and sectors are rolling over here. I am still reluctant to outright sell everything and go to cash but I might start lightening up and selling a few positions this week. I’ve updated and annotated lots of charts on my Public List. Here’s the gist of it: A few […]

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