Monday, August 31, 2009

Wednesday, August 19, 2009

Tuesday, August 18, 2009

Monday, August 17, 2009

Co-Pilots

Gap Down...

Timing is EVERYTHING!!!

The market changes all of the time. As traders, we can look at every indicator and feel at home with it. Yet it is the timing which dictates how the trade feels like to manage. Be patient and wait for all of your trade criteria to line up, then execute entrance or cover.

Sunday, August 16, 2009

Daily $SPX

Bad entry???

Don't worry. Someone out there with a TON of more $ than YOU has made the same exact entry. Remember, we're all looking at the same market, regardless of which angle you are looking at it from.

Market Equilibrium:

the "Median" price a security, equity or commodity is trading @ during a specific time period.

Saturday, August 15, 2009

Friday, August 14, 2009

Wednesday, August 12, 2009

Tuesday, August 11, 2009

Today's $SPX

Recent uptrend line now acting as resistance. Market also bouncing off of 990 sup making lower lows and forming nice descending wedge pattern. Still looks bullish and trading at the lows of this range. Watching for a break of 990...



Caught a nice and small uptrending wave in the middle of a Bullish AB=CD. Capitalized on recent trending afternoon buy-up. Covered position about 3 ticks away from target.