I found this linked to my blog here this morning, so I checked it out: http://bit.ly/brK4at.It was requested by some reader on CXO Advisory, so I am guessing it’s probably a hater that wanted to try to “get me”. Sorry buddy, but you failed. Here are some excerpts: “Residual data constitutes 109 trades (a little [...]
On March 17, I wrote the following: http://ibankcoin.com/chart_addict/2010/03/17/longer-term-casinos/ At the time of posting: MGM was at $12.30. Today, MGM closed at $14.73. WYNN was at $73.63. Today, WYNN closed at $86.23. LVS was at $20.06. Today, LVS closed at $24.23. This update is for other long-term holders in casino stocks. I am looking for a [...]
Thomas Edison was asked how he was able to accomplish so much with his time. He said, “It’s simple. You and I both have eighteen hours a day in which to do as we choose. You spend the eighteen hours doing a number of unrelated things. I spend it doing just one thing, and some [...]
In the 1880s, the psychologist William James developed and began teaching his “As If” principle of life. This might not make any sense to some of you, but it works. For example, if you want to be courageous, try to act courageously. If you want to be a nice guy, start putting a smile on [...]
There’s pretty much nothing going on in the market, and I’d rather not bore you with more charts of the S&P. Instead, let’s take a look at 2-year/weekly charts of 13 world markets compare them to our SPX and COMP.
Imperial Bolter – Astartes MK Vb Godwyn Pattern — We just started a new month, a new beginning. Hardly new, the market is still trading in a neutral range. The possibility of an H&S is still present, though this pattern takes months to form. For those that believe the H&S pattern is hocus pocus, let [...]
