Archive for September, 2008

  • The "secret" ingredients
    Posted by on September 29th, 2008 at 4:37 pm, Comments: 0

    To be successful in the markets you need to know: – what to buy (equity selection); – When to buy it and when to pass [...]

  • Discipline
    Posted by on September 29th, 2008 at 4:19 pm, Comments: 0

    It’s the greed factor that corrupts the way people think in this business. Unfortunately, I needed a 6 fig loss to remind me how stupid [...]

  • China allows short selling and margin purchases
    Posted by on September 27th, 2008 at 2:51 pm, Comments: 0

    Sept. 26 (Bloomberg) — China’s cabinet agreed to let investors buy shares on credit and sell borrowed stock to help develop Asia’s second-largest market after [...]

  • On short selling
    Posted by on September 23rd, 2008 at 4:47 am, Comments: 0

    Selling borrowed stocks serves as a balance to buying stocks with borrowed money. Careless leveraging will always cause greater evil than any size of short [...]

  • Market crash
    Posted by on September 18th, 2008 at 4:46 pm, Comments: 0

    In bear market crash, technical indicators are broken.

  • About Bottoms
    Posted by on September 16th, 2008 at 2:01 pm, Comments: 0

    Selling does not make a market bottom, buying does!

  • Industry Relative Strength
    Posted by on September 15th, 2008 at 2:32 am, Comments: 0

    Industry group 1 month performance Building – Residential 19.70% Finance – Consumer loans 12.50% Retail – Apparel Shoes 12.30% Banks – major regional 11.30% Banks [...]

  • Being Objective
    Posted by on September 8th, 2008 at 8:36 pm, Comments: 0

    The market reaction to news is more important than news itself. You trade what you see, not what you think should happen.

  • Industry Relative Strength
    Posted by on September 8th, 2008 at 1:08 am, Comments: 0

    Industry group 1 month performance Building – Residential 19.40% Retail – Apparel shoes 15% Retail – Wsale Auto 11.30% Finance – SBIC Commercial 10.30% Finance [...]

  • Downside acceleration frequently preceeds reflecs bounces
    Posted by on September 8th, 2008 at 12:27 am, Comments: 0

    Rob Hanna from Quantifiable Edges performed an excellent research on the short-term effects following downside acceleration. He tested a system than buys SPX at the [...]