My main indicators are RSI(10)/%R(9)/Fibonacci Retracements/10/50/200sma averages. My father and my uncle have traded futures, commodities, and stocks for 40 years - A combined 80 years experience. This makes my 6 years look puny, however, they have passed onto me their wisdom. Anybody who passes on the opportunity to learn from others more knowledgeable and more experienced has an incredibly hard road to climb.
Saturday, July 31, 2010
Sunday, July 18, 2010
Dow Jones will break March 2009 Lows
For the very few of you who might stop by periodically, you might remember when in March/April 09, I was calling for the market to rally to at the very least 9400. The precise area didn't matter as much as the bounce did.
Well folks, I have another revelation for everybody. The Dow Jones Industrial Average will easily be heading toward March 09 lows. This isn't a "test" of those lows.. as if we make it there, we are going down another 1500pts. Expect it.. prepare for it. This is the opportunity of a lifetime. I am selling everything I have.. I must gather as much capital as possible for this I feel is my opportunity to grow exponentially.
I and those I work with have been calling for the top in the market since APRIL 2010. If you notice, that is where the highs are.
Now I can't tell you that you should go all in and wait for it to tank - no that would be unwise. The only way to do it is to trade it, building core positions for downside momentum.
I don't come up with this stuff on my own. I don't guess. I work with experienced people who have been involved in the market for 30+ years and they've passed on to me their own experience and knowledge.
Well folks, I have another revelation for everybody. The Dow Jones Industrial Average will easily be heading toward March 09 lows. This isn't a "test" of those lows.. as if we make it there, we are going down another 1500pts. Expect it.. prepare for it. This is the opportunity of a lifetime. I am selling everything I have.. I must gather as much capital as possible for this I feel is my opportunity to grow exponentially.
Once again prepare for a MARKET SELL OFF OF A LIFETIME!
I and those I work with have been calling for the top in the market since APRIL 2010. If you notice, that is where the highs are.
Now I can't tell you that you should go all in and wait for it to tank - no that would be unwise. The only way to do it is to trade it, building core positions for downside momentum.
That is all I can say for now.
Good luck.
Thursday, July 15, 2010
Wednesday, July 7, 2010
Tuesday, July 6, 2010
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