Brian's Page

If your trading screen is like mine, your broker will provide you with real time quotes on the major market averages, the Dow, the S & P, and the Nasdaq. When you read in the press about a market soaring or a market “falling”, the major media use the Dow Jones Industrial Average as its proxy for the market. The Dow hit an all time him in October 2007 at roughly 14,200. After the close on November 21, 2008 it stood at 8,046. Where does it go from here? Some call for a short term decline into… Continue

Ever have this happen? You have gone through your pre-trade checklist: Market favorable for the trade. Sector favorable for the trade. Price and volume action for the chosen security are acting in a favorable manner. Technical items are in perfect alignment. Entry point calculated and the market arrives at that price point according to plan. Your broker actually executes your trade at your limit price immediately after your finger leaves the keyboard. All stars are in alignment and you start to… Continue

I normally don't post TA stuff, but this is just too good to pass by:

http://seekingalpha.com/article/101561-rare-batman-pattern-forming-in-the-vix