Could someone write Bill and explain the term “per capita” please? Ah…this could cause a person to take to drinking excessively.
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.
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.
Could someone write Bill and explain the term “per capita” please? Ah…this could cause a person to take to drinking excessively.
This video had me in tears laughing.
| The Daily Show With Jon Stewart | Mon – Thurs 11p / 10c | |||
| Home Crisis Investigation | ||||
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| 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
![[Report]](http://mam.econoday.com/images/mam/byreport_butt_new.gif)
8:30 AM ET![[Report]](http://mam.econoday.com/images/mam/byreport_butt_new.gif)
8:30 AM ET![[Report]](http://mam.econoday.com/images/mam/byconsensus_butt.gif)
9:45 AM ET
3:00 PM ETEurope’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.
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.
July 30, 2009
I traded 2 contracts all day, which is ten dollars for every point on the Dow, and the market stayed fairly active. Notice where the Pivot is today, and how the market swings up to and around the pivot. The pivot was a very important line in today’s trading.
When price makes a new High and then retreats, sellers who missed the previous peak will be inclined to sell when price returns to that level. Afraid of missing out a second time, they may enter the market in numbers sufficient to overwhelm buyers. The resulting correction will reinforce market perceptions that price is unlikely to move higher and establish a resistance level.