Watchlist for December 27, 2004

There are a few stocks on the swing list but I’m not looking to do much this week. So I’ll mostly be managing the stops on my current positions. For those of you who read the Trader Wizard weblog, Bill Cara is back with a new site, BillCara.com Currently holding:

How to Improve Your Trading

Here’s an article about what traders can do to get a bigger bonus next year. The article focuses on results of a study which are in a new book, “Traders: Risks, Decisions and Management in Financial Markets”. Here’s the intro: Disappointed with your 2004 bonus? Traders, it’s time to ditch those New Year resolutions to [...]

Comcast Does It to Me Again

Once again I come into my office and see blinking lights on my cable modem. This is really getting old! My connection had been extremely reliable for a long stretch, so long that I decided to dump my land line (and my backup ISP).

Watchlist for December 22, 2004

It looks like the indices are ready for another push higher. (Based on yesterday’s action, not today’s weak futures.) The Dow was able to take out last week’s highs, which is very impressive given all the laggard stocks in that index. I’ll be keeping an eye on last week’s highs on the Naz and S&P. [...]

Gaps That Don’t Come Back

David Nassar has written a good article about how to trade stocks that gap. He argues that if a gap is more than 5% the more will continue in the direction of the gap. He also examines the mindset (psychology) of traders who play gaps: A gap is a term used by technicians to describe [...]