by Big Wave Trader | Apr 23, 2012
French elections and a debacle in the Netherlands helped spook investors sending European stock markets lower on Monday. Fears spread across the pond to the US as premarket futures were down close to one percent. There wasn’t any economic news to rattle the markets,...
by Big Wave Trader | Apr 23, 2012
I decided to post this as an instablog on Seeking Alpha’s site since they do not accept TA pieces without some fundamental proof. The Current Rally Is Coming To An End
by Big Wave Trader | Apr 20, 2012 |
“Profits always take care of themselves but losses never do. ” The speculator has to insure himself against considerable losses by taking the first small loss. In so doing, he keeps his account in order so that at some future time, when he has a constructive idea, he...
by Big Wave Trader | Apr 19, 2012
Disappointing jobless claim and existing home sales put a damper on the market at the open. Buyers did show up pushing the market higher with volume on the rise. However, buyers were exhausted and it was sellers who took over and dominated for the remainder of the...
by Big Wave Trader | Apr 18, 2012
The market had a void to fill with the lack of economic data and turned its attention to the current European situation. Unfortunately for us the European Debt Crisis will stay with us as long as Euro Politicians kick the proverbial can down the road. Volume rose...
