Archive for December 7th, 2011
The Bulls are running (21 August 2009)
Here are some of the key indicators that we will be moving much higher in the near future. So far the direction is up and it is strong!
Oil, Dollar, and Gold the 3 amigos (20 August 2009)
I like the fact that pattern recognition is part of technical analysis, and the number three is the first number of the fib pattern. So if we look at (what I call) the three amigos we can narrow down the options of where this market is trying to go and why!
Indecies Update (20 August 2009)
The follow through never came in, but instead we had a 180 turn. There are a few more resistance levels to take out, but I think the probabilities of taking out the resent highs are higher now. I will make an update the soonest we get confirmation of a direction. This is why we use technical analysis; it keeps the reality of the market in our face. This is the only way to minimize loses and maximize profits.