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.

Thursday, November 13, 2008

some news

Here are some headlines from today...Is all this news "priced in" ??
- foreign trade slows (but along analyst expectations, and not factoring in the recent strength in the U.S. Dollar).
- government deficit soars to $237.2-billion; $5-billion more than estimated
- jobless levels approaching the highest levels of the 21st century: "Excluding the $21.5 billion investment in Fannie Mae, Freddie Mac and the $115 billion investment in major banks."

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