MyBlogLog

We had a big selloff today but it came on decreasing volume. The indices were short-term overbought so this could be looked at as a well-needed drop just to cool things off a bit. Although the Nasdaq cleared its trendline yesterday it also made a...

I’ve had a few people ask for my thoughts on Apple (AAPL) today. As I mentioned in the links section today, I agree with Howrd’s take that it’s over-owned and that there’s too much overhead resistance in the stock. It got a good.
Topics: AAPL

I recently inherited (literally) a stack of trading & technical analysis books, VHS tapes and DVDs. I’ve listed many of them for sale on Amazon at very competitive prices. Take a look and maybe you’ll find a deal on something...

The market is at an interesting juncture right now. The indices look like they’ve had nothing more than an oversold bounce last week. Most of the indices have had big percentage moves off of the lows but have failed to break their downtrends...

Did anything interesting happen in the market while I was away? I hope you’ve all navigated the big slide well and took the clues from Duru’s mention of T2108 being at extreme levels and Cramer capitulating to cover your shorts and/or get...
Topics: Misc