charts/tape reading

The market doesn't care what I or anyone else says.
The market is the final authority of profits or losses.
That's why it's smart to listen closely to what the market has to say.

One way to look at is ignore noise (news) and focus on charts as the resistance/support/hammer/volume is how the market is saying what it wants to say.

Tuesday, November 8, 2011

Current Holdings

I used to write a daily blog about my trades and stopped somewhere in 2008 when Lehman Bros collapsed. I'm going to return to what I was doing, which is keeping a daily log of all my trades.

currently all I hold is:

50% CASH
50% VMLTX [tax-free vanguard fund; portfolio is safe municipal bonds; around 3% annual distribution]

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