It is so good to have David Elliott’s thoughts on the markets again. David has been battling cancer and he will post when he can for now.  So below I have pasted David’s thoughts on the market right now.
Per David Elliott :
Friday saw a bounce in the US$, from a failed new low retest, that [...]

One of the best webinars I’ve ever seen.  Regardless whether you’re an investor or trader, in this video Jack Bouroudjian covers the major interacting forces acting on the market such as economic reports, treasuries, and yield curve.  In addition, Bouroudjian shows us incredible insight into how the markets are structured, interact with each other, and [...]

Reading Assignments:

Where’s the S&P 500 Headed? Here’s What Two Technical Indicators Say
Possible Current Long & Short Hedge Fund Strategies
Bill Cara’s Week in Review #38, 2009

.
Market:
.
3:43 PM
I’m down on this PIR about 3%. Unless the bottom falls out in the next 15 minutes, I’m holding over night, since this is obviously one of those fade days [...]

Peak Oil Update
World Will Soon Face an Oil Supply Crunch
By Chris Nelder
Friday, September 18th, 2009
Everyone who follows the peak oil story has by now seen some of the editorials that blanketed the press over the last few weeks, attempting to debunk it and disparage its adherents. I responded to the worst of them three weeks [...]

Nightly late-night chart review sessions on twitter and Chart.ly.  Follow me on twitter@theEquilibrium.
AKS‎ – AK Steel Holding Corporation (NYSE): “daily- nice breakout today- target 26 resistance from last Sept. on follow-thru”

AKS‎ – AK Steel Holding Corporation (NYSE):  “weekly- breaking into area of very low prior volume- res. at 26-ish, then 38.2% FIb at 30.30″

FTK‎ – Flotek [...]

60 Minutes Featuring the Dow Jones Industrial Average, S&P 500 Index, and Powershares QQQ Trust September 14, 2009
When I do posts it is as much if not more for me because it helps me keep things in perspective. I am neither a bull nor a bear I am a trader and the most important thing [...]

Long Trade Idea Allied Nevada Gold Corp. (AVN) Along With SPDR Gold Shares Weekly Chart September 13, 2009
AVN is testing it’s latest breakout from above on lower volume. If GLD continues higher then AVN’s breakout from this almost 3 month consolidation could be a nice low risk high reward trade. It is not as liquid [...]

Nasdaq Composite, Apple Inc, Google Inc, Amazon.com Inc, Research In Motion Limited Weekly Charts With Fibonacci Retracements September 13, 2009
The weekend is a great time to go over the weekly charts for the upcoming week of trading. Even if you day trade it is imperative to get outside the smaller time frames and see what [...]

Friend and standout trader from twitter, @mdabbles, has allowed us to rerun this must read blog he wrote for The Dabbler’s Journal on the technical pattern working the best at this point and time. -Alamo-
August 22, 2009

Weekend Study – Daytrading the High and Tight Flag
Filed under: PERFORMANCE TESTING — mdabbles @ 2:37 pm Tags: PERFORMANCE TESTING

A day trading strategy I have [...]

So much for the dog days of summer.  The week of August 10-14 promises to be one of this summer’s more pivotal weeks for the capital markets: equity markets will contemplate the Federal Reserve’s Open Market Committee Statement on Wednesday for clues regarding the strength of the economic recovery and associated monetary policy; the bond [...]