July 22, 2008 Stock Market Recap

I’ve had a few people ask for my thoughts on Apple (AAPL) today. As I mentioned in the links section today, I agree with Howrd’s take that it’s over-owned and that there’s too much overhead resistance in the stock. It got a good bounce off of $150 today but it’s still locked in downtrends on [...]

Trading Books, Tapes & DVDs Sale

I recently inherited (literally) a stack of trading & technical analysis books, VHS tapes and DVDs. I’ve listed many of them for sale on Amazon at very competitive prices. Take a look and maybe you’ll find a deal on something you’ve been meaning to add to your library.

July 18, 2008 Stock Market Recap

The market is at an interesting juncture right now. The indices look like they’ve had nothing more than an oversold bounce last week. Most of the indices have had big percentage moves off of the lows but have failed to break their downtrends which began in May or June. They look like they could easily [...]

I’m Halfway Back From Vacation…

Did anything interesting happen in the market while I was away? I hope you’ve all navigated the big slide well and took the clues from Duru’s mention of T2108 being at extreme levels and Cramer capitulating to cover your shorts and/or get long before yesterday. I’m looking forward to going through my scans and starting [...]