Archive for December, 2009
Video Review of the Indexes 12-20-2009
The bulls remain in the driver’s seat as we close in on the end of the year, but do they plan to finish strong? An opportunity certainly awaits them if they can produce a breakout, but with light volume and a holiday-shortened trading week, expectations may be low.
The Importance of Off-the-Screen Goals
Ah, the end of the year! A time for pigging out, hanging with relatives, and reflecting on the previous 12 months. For some, it’s a rewarding time.
Eyeing Range Expansion in ACL
The ascending triangle pattern is commonly found within uptrending stocks, so in a bull market like we’ve been in since March, you can spot quite a few of them.
How to Lose Like a Winner
I recently heard that in relationships, you can be happier if you choose to accept the whole person. The idea is that instead of trying to weigh everything you like vs. everything you dislike, accepting them as generally positive is a better decision.
Video Review of the Indexes 12-13-2009
This market is at home on the range, and just one glance of the daily charts over the past several weeks makes it clear that the standoff between buyers and sellers is still in effect.
Pattern Failures Are Worth Noting
While the bulk of my trading revolves around chart patterns, and most notably the confirmation of them, failed patterns are certainly worth identifying.
Video Review of the Indexes 12-6-2009
The major averages each pushed north of new highs last week, but only temporarily. Intraday milestones simply don’t carry the same weight as those which occur on a closing basis, and last week proved to be no different as resistance was cleared, only to be given right back by the end of the session on [...]
