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| Blog Name: |
The Dabblers Journal |
| Url: |
http://mdabbles.wordpress.com/ |
| Language: |
English |
| Topics: |
Stock Market, Economics, Investing |
| Description: |
One Kick-Fanny daily log and journal of a day trader who has a fantastic record in picking winning stocks. Devises and back-tests winning trading methods primarily through chart pattern recognition and candlestick analysis. |
| Popularity: |
1 Followers |
My New Home
I’ve got some great news.
I have been invited to join some super fantastic Traders and Market experts at my favorite site, FINZ.TV Posse Trade Journal
Please make this your bookmark and continue to read my journal — It will remain the same format, and who knows, with all the great traders I’m associating with, it might even improve.
http://finz.tv/posse/by/mdabbles
Daily Log and Journal 9/23/09
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Reading Assignments:
Oil rebounds as dollar weakens
Recovery bets lift Wall Street
Dana Holding begins public offering of 27M shares
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Market:
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Pre-Market:
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7:58 AM
Futures have turned slightly up this AM. Maybe my negative premonitions last night won’t play out, I am a bull at heart. I honestly believe we are going to have a
Daily Log and Journal 9/22/09
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Reading Assignments:
Where’s the S&P 500 Headed? Here’s What Two Technical Indicators Say
Possible Current Long & Short Hedge Fund Strategies
Bill Cara’s Week in Review #38, 2009
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Market:
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3:43 PM
I’m down on this PIR about 3%. Unless the bottom falls out in the next 15 minutes, I’m holding over night, since this i
Daily Log and Journal 09/22/09
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Reading Assignments:
Weekly Review of Stockcharts.com Publishers Charts
Lowry Research Update: Rally Continues Strong
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Market:
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Pre-Market:
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Friday night’s candles told me we would open down this morning, and global markets and US futures down now bear out that forecast. This morning we have at 10 AM leading indicators, later this week we have FOMC meeting minutes, jobless claims, durable goods, consumer sentime
A View on Near Term and Intermediate Term Market Direction
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The market has recently experienced a good run, and there has been a good deal of speculative discussion about a market pullback.
Indeed, Bullish Percent Indices as of 9/18/09 overwhelmingly point toward an “overbought” situation in the market, with almost all sectors reading above 70 except for the Telecom Sector.
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However, the Bullish Percent Indices may reflect only a s
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