Trading Now

Trading Now

Saturday, July 25, 2009

Charts of the Week

from dshort.com






Charts give me a clearer picture of the big crapshoot of life: the Stock Market. Just one giant craps table waiting to suck the life out of all of us GREEDY little ducks! The name of the game is to try and stay one step ahead. Not an easy thing to do when the gangsters have a leg up with either the PPT or now HFT (high frequency trading). But, all glory is fleeting for those who try and stop the downward sloping movement of the world economic freight train's little engine that COULDN'T. Just keep a hedge on if you are bold and stupid enough to hang on to the Buy and Hold propeganda from the smartest guys in the world.

Just take a look at the chart below to see how well you have been doing in the Stock Market.

The question is: will you be too GREEDY to get out when OR if it rides up a third time?

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