Obama, said that the last time he raised the debt ceiling that he will not need to do it again. However, the U.S Government now needs more money again.
Archive for the ‘Trading Psychology’ Category
Meet the Debt Ceiling Again!!! Oops The U.S Government Needs More Money
Saturday, February 4th, 2012I Finally Installed MetaStock 11 Charting Software – Let the Technical Analysis Begin…Again
Sunday, January 29th, 2012
So, I finally got around to installing the newer version (v.11) of the financial charting sofware MetaStock a few weeks ago.It is a great piece of sofware, I’ve been using it since year 2007, however back then I was doing swing trading which was much shorter term and using daily charts to find opportunities to buy and sell stocks which took days or weeks.
Joseph Granville’s Ultra Bearish View – DJIA to Fall 4,000 Points in 2012
Tuesday, January 24th, 2012
You never know, it might get if thingsEurope goes bad. That is why I am still short the Nasdaq. We’ll see.
MetaStock 11 for End-of-Day Traders – Professional Financial Charting Software – Review
Monday, December 5th, 2011
MetaStock End-of-Day is made for the swing, mid-term or long term trader who doesn’t need up to the second or minute stock, currency, index or commodity quotes. Rather MetaStock End of Day is for doing analysis on price action after the market has closed. For real-time traders they need to look over MetaStock Pro and MetaStock Pro FX.
No Santa Claus Rally This Year 2011 In The Stock Markets – All Technicals Point To “Nay”
Saturday, November 26th, 2011
Looking at current economic events, it doesn’t seem like there will be any trigger for a “Santa Claus” rally in the markets this year. Not, just the macro picture is saying this, the technical analysis of the charts say the same thing, there has been a breakdown in the price actions across all markets around the world.
I personally have a bad feeling about December 2011 and January 2012 for the markets. Read the article below by ZeroHedge for more details.
MF Global Holdings Ltd Is The Trigger For The Next Financial Crisis, Just Like Lehman Brothers In 2008
Friday, November 18th, 2011
Back in 2007-2008, Bear Sterns and Lehman Brothers collapse. The toxic debts that cause their collapse and the ensuing financial meltdown has attributed to the bail out of the banks using taxpayers money totaling over 60 billion. Since then millions of jobs are lost, real estate super slump and debt problems across the U.S has not improved and this is coming back to bite the U.S and the world in the ass.
Dow Jones Industrial Average Down 389 Points Today, Is It Downhill From Here?
Wednesday, November 9th, 2011
All U.S stock market indexes took roughly a 3.5% haircut today. Question is this, “Is it down from here?” and “Is there going to be a santa claus rally this year?”
The answer to both of these question is who knows, anybody’s guess. The stock market now a days have pretty much been manipulated by the U.S Government and Federal Exchange who pump borrowed /printed money into the markets to inflate them.
