Posted by 30 March 2004

Time Out

Due to recent events, I probably won’t be posting for a few days. I will just say that from a quick look at the NASDAQ chart, it’s had an impressive move in price on unimpressive volume. It’s heading for the top of that downtrend channel (about 2015 today and heading down fast). My guess is [...]

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Posted by 28 March 2004

New Blogs Galore

I’ve added 5 new (they’re new to me) blogs to my list of stock market/trading blogs this month. Check them out.

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Posted by 25 March 2004

Now We’re Really Oversold

The SOX and QQQ have been thrashing across their 200-day moving averages the last three days, and it feels like they’ve done enough testing. The NASDAQ never quite made it low enough to touch its 200 DMA, and I’ll take that as a good sign that a bounce is due. Investor types (long term money) [...]

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Posted by 23 March 2004

Interview with a Market Wizard

Linda Raschke has posted her interview from the February 2004 issue of Active Trader magazine on her site. She reveals some great tips and insights into what it takes to make it as a trader. Check it out. (Link via MaoXian )

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Posted by 22 March 2004

Fall into the Gap?

We’re set to gap down on geopolitical concerns in Taiwan and the Middle East. Taiwan’s market got slammed to limit down (7%) within minutes of opening due to the controversy around their recent elections and the allegedly staged assassination attempt. I have to admit that this combined with what happened in Spain is bringing up [...]

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