Wednesday, May 27, 2009

Vultures Market

Its a traders' market...

Market in neutral mode...its' wise and prudent to take your profit when they show up...i took mine..

closed out Option position in CSIQ,KWK...

Looking for additional possible setups..

Tuesday, May 19, 2009

Parabolic Radar= TA analysis

Of late mY Trading strategy has shifted ,more empahsis on TA than fundamentals,past market behavior shows fundamentals can put you in problems'

Trade what you see...>=Charts, are the footprint's of smart money..

Today ,the market of stocks saw moderate activity...the bears had their way,..still studying some charts...moreso SARS and the effect of volume on them.

Some excitingly strange observations showing up.. "crystal ball" perhaps... i am still backtesting selected stocks .

Watchlist:CSIQ,KWK,USB,AKS,EGLE

Disclaimer:Market of Stock is not for uninitiated

Wednesday, May 6, 2009

Trading for A living

The Recession gave me a clear perspective
I openned my eyes ,saw many Non-convetional opportunities and realize that i am alive...Life has to go on...That was the bigger picture,i became a trader after realizing that good jobs are scarce or the pay is not worth the stress.The market of stocks have been swinging wildly ...the daily evenning news channels were a witness to that.
This is what i will be doing ,this is more fun than sniffing Opium....the Million Dollar race just began!!
Did i mentioned that i will be baby seating my 5month old baby too!