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I am a follower of the CANSLIM investment philosophy discovered by William O'Neil, founder of Investor's Business Daily. I use this blog as a way to share my thoughts on the market and improve my skills as a trader. Great traders never stop improving, and I am trying to do the same. |
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State of the Market - 12/17/09Dec 17, 2009
My sister-in-law is getting married and as such, the wedding festivities are already starting here in Pennsylvania. Posts are likely to be short or non-existent for the next few days - I hope you understand. Things don't look great out there right...
State of the Market - 12/16/09Dec 16, 2009
A pretty boring and slow day overall today on Wall Street, as stocks started the day strong but for what seems like the millionth time reversed lower as new highs for the year were attempting to be made. From about 11:30, the market slowly drifted...
State of the Market - 12/15/09Dec 15, 2009
A poor day today on Wall Street, as a stronger dollar sent stocks lower at the open and after an early bounce, they faded throughout the session. There was a gap down to start the day, but that gap was quickly bought, and by 11:00, the Nasdaq was...
Momentum Watchlist for TomorrowDec 14, 2009
The Russell 2000 outperforming yet again today (and breaking slightly over some resistance) gives me a bit of hope that we can break out to the upside of this range soon. I still think we need a catalyst, but we'll see. Right now, if the dollar...
State of the Market - 12/14/09Dec 14, 2009
We saw a positive start to the week today on Wall Street, as stocks started up and stayed up throughout the session, although it seemed to be a slow day once again intraday with volume coming in lower once again. Stocks gapped higher, pulled back and...
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