tag:blogger.com,1999:blog-6839599187534986560.post7632631606084917231..comments2023-10-31T11:45:19.266-04:00Comments on J-Trader's Market Analysis: Weekend NewsJ-Traderhttp://www.blogger.com/profile/15961748425161624017noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-6839599187534986560.post-3221434489622510612011-08-22T13:13:59.664-04:002011-08-22T13:13:59.664-04:00TNA appears to have found some important weekly su...TNA appears to have found some important weekly support around these levels. And its daily chart looks to be putting in a double bottom. I have no TNA position but if I did, there's no way I'd be selling it here.Michelehttps://www.blogger.com/profile/11446439300213187649noreply@blogger.comtag:blogger.com,1999:blog-6839599187534986560.post-4045570567646204312011-08-22T11:25:34.348-04:002011-08-22T11:25:34.348-04:00Well, TNA just hit Friday's close and pushed t...Well, TNA just hit Friday's close and pushed through it.<br /><br />VIX is running high at 42.33<br /><br />Where are all the dang buyers??? Small caps are taking a beating. The broader market is hanging, but slowly dropping too.<br /><br />Is there any chance of buying later in the day or tomorrow???RealMoneyIssueshttps://www.blogger.com/profile/07272525923302498960noreply@blogger.comtag:blogger.com,1999:blog-6839599187534986560.post-71622783002169145242011-08-21T20:23:18.322-04:002011-08-21T20:23:18.322-04:00The whole issue of stop orders is surpisingly comp...The whole issue of stop orders is surpisingly complicated. I'm going to write a post on that in my blog this week I think. Right now, I'm looking for some upside either tomorrow or Tuesday. Watch the VIX for clues.<br /><br />I wouldn't be too discouraged over poor performance this month so far. It looks a lot like word of the S&P downgrade got leaked early and the Byg Wygs knocked 'em down ahead of the news. No way TA can predict that.Michelehttps://www.blogger.com/profile/11446439300213187649noreply@blogger.comtag:blogger.com,1999:blog-6839599187534986560.post-79189070852304872092011-08-21T17:36:44.196-04:002011-08-21T17:36:44.196-04:00Quick question ,
I have a similar system based on...Quick question ,<br /><br />I have a similar system based on close,high,low. I get the idea from David vardi and had extensibly tested it. Only issue is defining healthy market.... Can you share some idea... I have use Vix and slope of last 70 days<br /><br />Woul like to see u r tricksBillhttps://www.blogger.com/profile/15926324101467592051noreply@blogger.comtag:blogger.com,1999:blog-6839599187534986560.post-37493371613048794112011-08-20T19:53:45.427-04:002011-08-20T19:53:45.427-04:00Yes, this is the right response to a surprising lo...Yes, this is the right response to a surprising loss. It is more important to know what to do when one is wrong than to be right. Actually, it is more probable that volatility will decline over the coming weeks and returns will come more slowly. Still, it is important not to be intimidated by the unexpected and become paralyzed into inaction. As I noted here once before, after 25 years of experience in this business of trading for a living, I am a fan of stop losses. Yes, one can be certain of being whipsawed from time to time but trading costs are small these days and the saving trade off can be worth the trouble. The secret to successful trading is well-known: proper money management and, even if one is right only 50% of the time, keeping losses small.<br />Well done J-Trader.The Entertainment Speculatorhttps://www.blogger.com/profile/02873126523251424481noreply@blogger.com