Friday, June 19, 2009

Don't give up your power. Create Your own Energy.

Giving up your moves to others directions and picks can eventually diminish your feel for the right move.

I feel the solar sector could get a move next week.
I looked at YGE and it seemed to be a buy yesterday, I didn't move based on an experts opinion.
It's up a dollar today.

There are different styles of trading.

  • Short term: 1min 2min 5min 10min time frame
  • Mid term: 15min 30min hourly
  • Long term: Daily, Weekly, Monthly
  • longer term: Yearly
  • Sectors are rotated.
  • Main markets: have leaders.

You have to know your style, your risk tolerance and ethics.

Psychology: If you fall, Alert, damage repair, regroup, re access, move on.

The quicker you can get through the emotional stages off upset, anger and denial to repair, regroup, reassess, reaccess, move on the better.

You can always use a stop order.

Follow the lead of a starship captain.
Be a kind warrior.

Know your limitations and count your blessing.
Protect from the rain and kindle the wood you have. The fire will cook and you can share.
The fire will last as long as it does.

A solar and wind system should last on an average 25years. (you can receive more than 14Pence per unit)
Your utility bill: Average energy cost 1000gbp per annum and will rise an average of 10%.
Compound that annually for 25years.

I was told AKNS is a possible setup to watch.

Life is full of contradictions; I need to know myself.

Thursday, June 11, 2009

Head & Shoulders

"very short term head&shoulders patterns in broad market--no position $$" Alphatrends

Wednesday, June 10, 2009

Playing Piano & Surfing: Market looks toppy


  • Even though the bottoms are still rising slightly, As Gannfann (Patrick Hughes) said, Unless we break the S&P @ 951 with confidence and momentum we will go sideways into a tighter range and continue the Bear.

  • An indicator for me could be June 4 and Prudential weakening. Prudential (PRU)

  • TheVIX is bouncing creating higher bottoms.

  • Percentages say it is better to wait for volume and momentum short (top) as weakening and buy (bottom) when strengthening within the wedge and cut out if weakening occurs. Cut in as strength comes in.

  • (Closer to the top or bottom, the greater the risk reward or loss)

  • Find the support and resistance channel and watch for breaks of 5 or more points.

  • Look for the channel within the channel in different time frames.

  • Watch the 5 day and 8ema rising and failing VWAP as the channeling or wedge consolidates.

  • Watch the Moving average in different time frame.

  • 200 100 and 50dma crossing (lower numbers over higher means up and the opposite for down), leveling and move up together in the 30 and 15min charts this can give good indications up trend within the same or next day.

  • Watch to see if it closed below 50dma by 5 or more points.

  • Look for weakness Falling bottoms and tops, or strength(rising bottoms and tops).

  • Watch the bouncing ball. Gravity and momentum. Higher the bounce the more opposite reaction. Watch the reaction like a chemist playing a piano.

  • Watch for patterns in behavior, such as: AKNS

  • I said on June9th, May 5th Vs June 9th, large green volume increase = we will go higher than 1.62 and at end of day I said, $AKNS yes but didn't it pop higher tomorrow morning?

    I did blog days before that, looking forward LDK 13.60 is not unreasonable.
    Although I sold early, I didn't feel 100% confident (probably a lack of sleep and computeritus, nothing that can't be fixed.)

    Even though I sold because a gap up isn't always in the cards and I do not like to gamble. I also listen to the advice of those that have more experience than me.

    It does no good to look back after a decision is made. Onward and upward.

    Gannfann said, If you are being cautious it means you are getting better at TA. If you are not certain about the direction you should be on the sidelines. You don't have to make every trade.

  • Price and time can say it all; the rumor and the news are secondary in longer time frames.

  • Rumors usually effect till news comes out, thus the cliche buy the rumor, sell the news.

  • To me the Market is like playing the Piano and Surfing using wind turbines and solar panels.

Wednesday, June 3, 2009

Ldk Past and Present

FLOCK OF BATS BORN IN CAVE AMONGST RATTLE SNAKES

There is a place called Braken Cave home to 20 million Bats.
Rattlesnakes and Hawks await their leaving, not unlike a fake out pattern.

You''ll find trend lines usually get broken but not more the 5 points. look at the percentage of previous breaks to get and idea.

The price is different, but todays chart action is very similar to the past.

Laughing Lemmings are we doing our best?

It's much about Trust.

Uk government is on Melt down as of June 4th, 2009 the subjects are leery. One rule for everyone or volatility increase as sentiment goes from mistrust to fear, then anger. Prime Minister Gordon Brown has a few days to make a miraculous recovery.
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I don't want to be disrespectful master, but my hair is going Grey and I haven't shaved my head.

The image I got as the governments throw money at the banks:

A crowd at medieval square being thrown coins as they grasp them and run away.

Land Gentry be thankful and say all is well or will we want more and more. Will the crowd get angry when there is no more to give.

But wait a minute isn't the King, Queen and the Wizard's just going to print Magic coins and make everyone happy, trustful, Rainbows, Butterflies and a pot of gold.

Master I will get on my snow board, be positive and hopeful, as there is no place like Emerald City.

Why can't we be hopeful and positive? I guess that's why you shouldn't fall in love with stocks.
It's sad that you can't believe in a company and trust that they will come out of this okay,
But then again there are happy endings.

Keep Surfing and a don't wipe out.

11/24/2008

Citigroup climbed $1.98 to $5.75 today. The cash injection from the Treasury adds to the $25 billion the company received last month under the Troubled Asset Relief Program. In return for the cash and guarantees, the government will get $27 billion of preferred shares paying an 8 percent dividend.
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June 2009 Banks want to pay back Tarp money, so the purpose the Government had to create liquidity is backfiring. They were suppose to make the money available to companies. Instead they used the money to create more capital for them selves.