Maybe now that we are capped we can go higher?
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Maybe now that we are capped we can go higher?
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Uck.. Monday gave us some hope that quickly faded on Tuesday. Wednesday we hit a low we bounced off of only to sell back down on Thursday and struggled to maintain on Friday. Banks led the way down for the week down a whopping 8.7% while the industrials held up at –4.6%.
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I am back in Maine for the summer, my favorite season, for a summer of Sailing, Beaching and oh yeah, trading. That last part is not so bad with a view like this: This is the view looking due east. Next stop Spain, actually it is the southern tip of Nova Scotia then...
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Click on image to bring up full size..
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First let me explain rule #1.. “Don’t loose money”. Although this seem obvious it is sometimes overlooked by the “need and greed” of wanting to make money but I have a lot to say about this issue and that is not what this post is about. Rule #2 Do not trade alone. As anti-social...
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Chart shows the relative strength and weakness for various indexes over the course of the week starting 4/19. Energy lead the week with an almost 3% gain with healthcare still lagging the markets with at 1.5% loss on the week. The RUT2000 and small caps blew away the other major indexes with at 2.4%...
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This is from one of my favorite websites http://politicalcalculations.blogspot.com
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