by Big Wave Trader | Mar 25, 2010
What appeared to be the beginnings of a bigger move fears regarding light demand for US treasuries and Greek’s bailout. The first shot across the market’s bow was a weak treasury auction, showing investors aren’t thrilled with the continued...
by Big Wave Trader | Mar 25, 2010
Going over my personal longs (34 longs) I have only 1 full sell and none that gave me a part sell signal-Not sure why every1 is top calling. The greatest traders of all-time were never “bullish” or “bearish.” They never top or bottom called....
by Big Wave Trader | Mar 24, 2010 |
A drop in new home sales ruined the mood of the bulls, but the morning lows were able to find buyers. Today’s action can be classified as an inside day, a bullish indication. Although the NYSE indexes notched a distribution day it was minor at best. The...
by Big Wave Trader | Mar 23, 2010
A boost from home sales figures helped kick start the bulls in early morning trading. Volume was running lower and trading was quite choppy as bulls and bears fought over their positions. However, it wouldn’t last as bulls took control once again pushing the...
by Big Wave Trader | Mar 22, 2010
The weekend talk about a market correction was just that, talk. Futures were spooked by the passage of President Obama’s Healthcare bill and what it would mean to companies in the US. However, support was apparent from the start and stocks were able to fight...
