Today's Market
by Dr Invest
If you don't understand the "Head & Shoulders" pattern, please read the past three blogs. This pattern that is forming may mean nothing, but for me there is a measured caution for further investing into the market. Furthermore, the unfolding pattern means you need to limit risk by having the appropriate STOP-SELLS in place.
There are four more trading days before the end of April. For the Head & Shoulders pattern to unfold, the DOW would need to remain around 13,000 with a slowly declining market from 13,000 within the next 10 to 20 days.
Threre is little to report today, the market rose roughly 1/2% which was expected. The DOW could rise again tomorrow because of the enthusiasm over APPLE. Likely, investors will exercise more level heads and the market will continue a slow decline as we move toward May.
Tonight I enjoyed PBS programs: "The Crash of 1929"(American Experience) and "Money, Power, and Wall Street" (Frontline). You can find these on HULU.COM and I think that they are a must view for every investor. You need to fully understand the slimy underworld of Government and Financial Markets. The stock market is not a "friendly place". There is a world out there that wants to take ALL YOUR MONEY and scarelessly could care less that they told you a lie to take it. Listen carefully and read between the lines.
Many generations... before you.... lost their life savings in the financial markets. The markets continued and Wall Street executives still got their bonuses, but the hard-working masses paid the price for the financial markets excesses.
Today, we will pay for the bail-outs, the market stimuluses, and the increased government spending. How do you get even? This is the time to exercise caution, reduce risk, and wait for the optimal time to invest.
(Note: the above article is for entertainment purposes only and not for investment advice.)
by Dr Invest
If you don't understand the "Head & Shoulders" pattern, please read the past three blogs. This pattern that is forming may mean nothing, but for me there is a measured caution for further investing into the market. Furthermore, the unfolding pattern means you need to limit risk by having the appropriate STOP-SELLS in place.
There are four more trading days before the end of April. For the Head & Shoulders pattern to unfold, the DOW would need to remain around 13,000 with a slowly declining market from 13,000 within the next 10 to 20 days.
Threre is little to report today, the market rose roughly 1/2% which was expected. The DOW could rise again tomorrow because of the enthusiasm over APPLE. Likely, investors will exercise more level heads and the market will continue a slow decline as we move toward May.
Tonight I enjoyed PBS programs: "The Crash of 1929"(American Experience) and "Money, Power, and Wall Street" (Frontline). You can find these on HULU.COM and I think that they are a must view for every investor. You need to fully understand the slimy underworld of Government and Financial Markets. The stock market is not a "friendly place". There is a world out there that wants to take ALL YOUR MONEY and scarelessly could care less that they told you a lie to take it. Listen carefully and read between the lines.
Many generations... before you.... lost their life savings in the financial markets. The markets continued and Wall Street executives still got their bonuses, but the hard-working masses paid the price for the financial markets excesses.
Today, we will pay for the bail-outs, the market stimuluses, and the increased government spending. How do you get even? This is the time to exercise caution, reduce risk, and wait for the optimal time to invest.
(Note: the above article is for entertainment purposes only and not for investment advice.)
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