I know I don’t email and blog that much, and that’s because I only want to contact you when there’s something important to say.
If you read my email from 26 April you would have prepared yourself for …
Hi Everyone,
As you must know by now, my trading mantra is: “Trade What You See”.
Having an opinion can be very costly in trading and you’re always better off not having one! Just trade wh…
Hi Everyone
Last week’s Jobless Claims and PPI (inflation) figures came and went without too much fuss, with the markets trundling upwards but with low volume.
What’s interesting is…
Hi Everyone
Very weak action yesterday – with the main indices only poking through Friday’s high temporarily before slumping again. This is bearish, but still don’t be surprised if we see some s…
Hi Everyone
Yesterday’s late rally suggests a wider retracement for the next few days. Current bear flags may turn into rounded bottoms, and weaker stocks will consolidate further until the next…
Hi Everyone
Over the last few days I’ve had some personal correspondence with some of you and I just did a webinar last night where we discussed the OVI in some more detail.
Just to updat…
Hi Everyone
If you’ve been trading what you see, you’ll have been trading bull flags recently.
However, last night’s action was pretty severe to the downside with a 20 point drop in the l…
Hi Everyone
Many apologies for the radio silence. I do have a good excuse which I’ll tell you about a bit later in this message.
In the meantime we need to look at the major charts and see what&…
Hi Everyone
I’ve been meaning to write an update for a few days, but now is as timely as ever.
For some time I’ve been extolling the virtues of caution in this peculiar market rally, and the last coup…
Hi Everyone
In this alert I want to briefly talk about how to protect your profits.
When we look at the major indices we can see that either we’re about to reverse, or we’re about to form a bull flag …
