Archive for February, 2009
Brave Trades Update
Here’s an update to the buy limit orders I put in for Apple and Petrobras. I added a few more shares of AAPL at 91.16. Also, the limit order for PBR filled at $26.85.
My Brave Trades for Tomorrow
This market is volatile to say the least. It falls rapidly one for a week or so and then we get a couple of days of relief. This is a traders market. I can remember Jim Cramer advising investors to think when there is fear everywhere. He explains that no one makes money panicking. Now, [...]
Rally in the Stock Market! – Febuary 23, 2008
Yes! We finally got a rally in the Dow today. But is it real? Yesterday, the DOW Jones Industrials (DOW) hit a low of 7105. This level breached the previous support level of 7392 that was established in November 21, 2008. Today’s rally in the DOW was welcomed, as it has stopped the bleeding that [...]
Learn to take losses; small losses quickly
I have read books about taking small loses but I can’t seem to do it. I often let small losses turn into big ones. This behavior has wiped out many profitable trades. I have repeated this pattern over and over. Oliver Velez declares you can look at a trader losses and determine if the trader [...]
A Peek at Today’s Market
The DOW only lost a few points today after yesterday’s big loss. At one point during the session, we were down about 250 points to a low of 7693. Keep in mind, the last November’s low was 7449; only 240 points away from today’s low. Money flow is steadily increasing. The short term trend is [...]
