Archive for July, 2009

Emotions and Trading

By , 31 July, 2009, No Comment

The toughest maxim for me to assimilate, at an emotional level is: The market is always right, and I am always wrong. When I am in a trade the market cares little for my expectations for the trade, as the market is essentially a function of the combined psychology of millions of traders, not the psychology of my trading, and when I am on the wrong side of a trade I am, quite simply, wrong. That is, indeed, a tough pill to swallow.

INO Market Commentary

By , 31 July, 2009, No Comment

The September S&P 500 index was higher overnight as it extends this month’s rally. Stochastics and the RSI remain neutral to bullish signaling that sideways to higher prices are possible near-term.

Billy O’Reilly and some fuzzy math

By , 31 July, 2009, No Comment

Could someone write Bill and explain the term “per capita” please? Ah…this could cause a person to take to drinking excessively.


Very Funny Housing Crisis Video

By , 31 July, 2009, No Comment

This video had me in tears laughing.

The Daily Show With Jon Stewart Mon – Thurs 11p / 10c
Home Crisis Investigation
www.thedailyshow.com
Daily Show
Full Episodes
Political Humor Joke of the Day

Todays Pivots

By , 31 July, 2009, 1 Comment
ESU9
For 07/30/2009

Symbol R1 R2 Pivot S1 S2
ESU9 979.33 983.67 971.67 967.33 959.67

Fed and Fed Agency Report Releases

GDP
[Report][Star]
8:30 AM ET
Chicago PMI
[Report][Bullet
9:45 AM ET
Farm Prices
[Bullet
3:00 PM ET

This article is an eye-popper

By , 30 July, 2009, No Comment

Europe’s banking system is in far worse shape than the US. The losses may be bigger, and their capital to meet those losses is certainly less. Europe’s banks have been much more aggressive in funding emerging-market expansion than US or Japanese banks. Western European banks have lent $4.5 trillion to various emerging-market countries, businesses, and consumers.

INO Morning Markets

By , 30 July, 2009, No Comment

The September S&P 500 index was higher overnight as it extends this month’s rally. Stochastics and the RSI remain neutral to bullish signaling that sideways to higher prices are possible near- term.

Todays Pivots

By , 30 July, 2009, No Comment

July 30, 2009

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