"The firm gave Dykstra a $850,000 bridge loan in November to help his struggling The Players Club magazine meet expenses. That loan was secured with his mansion...But Dykstra allegedly missed making payments, which were supposed to begin in January...Washington Mutual then filed its own notice of default on his $12 million mortgage on March 18...Meanwhile, Dykstra's Gulfstream II was impounded in Cleveland on Feb. 12 after a creditor said the ex-slugger failed to pay $228,000 for interior renovations to it. The work mainly involved the installation of a state-of-the-art entertainment system...The former center fielder also is targeted in a dozen lawsuits by ex-employees and creditors who say they've been stiffed by him."
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 email@example.com
I am always open to questions, comments, or suggestions on how to improve this blog.