There’s a very accurate review of TheMoneyBlogs on BusinessWeek’s site. But if you want the real story, take a look at Howard’s post about theMoneyBlogs from August. And be sure to read the raging discussion in the comments where you’ll see my thoughts on TheMoneyBlogs. A quick side note, the BusinessWeek writer seems to dislike [...]
Posted by 24 October 2006
Watchlist for October 24, 2006
Posted by 23 October 2006
Taming of the Trader’s Gremlin(s)
Michelle B submits: A daytrader I knew who had a very high-percentage win rate, around ninety-five percent, when faced with a loss, would let it run. He was capitalized enough to do what he called “pouring on the gasoline.” This activity of his would involve “lining up cans of gasoline as far as the eye [...]
Posted by 23 October 2006
Watchlist for October 23, 2006
There’s a Fed decision on Wednesday so trading could be constrained to a tight range ahead of that big bad event. Here’s my take on the Naz and S&P right now: Finally, since Google (GOOG) is my most requested stock I’m sure you all will be interested in all the GOOG analysis posted to WallStrip [...]
Posted by 22 October 2006
Chart Request: Washington Mutual, Inc. (WM)
Ben asked me to take a look at WM: How about a chart of WAMU? Looks to me (assuming current prices hold) that after converging around 43.50 all of the MAs (10,50,200) have been penetrated on heavy volume / distribution. I think next solid support at 36? It looks like there’s “pretty solid” support just [...]
