Archives for November, 2008
Welcome to the archives page. Here you will find a list of all posts from November, 2008.
0 Excerpt from The Equity Oracle 11/9/08
Friday finished strong on the DIA so we would expect to see some follow-through on Monday but the overall sentiment is still very weak. As we saw, the market registered the election news with a fairly steady sell-off on Wed and Thurs. While Friday’s trading closed strong, the intraday chart was very flat. That’s not [...]
0 Answers to Questions from Last Thursday’s Webinar
Q: The markets of the last couple of weeks have been so volatile that isn’t a day chart too late? – Tim A: A chart, no matter what the time frame, is never too late because it is simply telling us the history of the price action.
0 Q&A from 10/30 Webinar
Q: Bearing in mind that ‘amateurs open the market and pros close it’, if you see a pivot point after the close, should you wait until the last hour of the following day before putting the trade on? – Andrew A: We often trade in the last 15 min of the day. So if we [...]
