The setups I include on this blog are used in conjunction with the 3/10macd and the criteria I ascribe to it as a way to alert me to an existing condition of price. The key concept to take away from this blog is that I try to anticipate what will happen on the higher time frame by using a faster time frame to trigger the trade setup. I do not trade a "system" I use two indicators to clue me in to price conditions. Please read the Disclaimer located in the sidebar of this site. I can be contacted via email at
I am always open to questions, comments, or suggestions on how to improve this blog.

Friday, November 7, 2008

Grinding Sideways

A low-volume sideways day waiting to see if we get the 3 p.m. sell-off/rally? In the meantime; here are some reads for the day on the state of our economy.
- U.S. unemployment rose to the highest level since 1994 as 240,000 more jobs were lost in October.
- GM shaking-down taxpayers for another $25-billion. I say let 'em fail!
- Here come the tax hikes and service cuts for us in Kahleefornia.
- Just like an episode of 24...except with a couple more zeroes.

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