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.

Monday, December 12, 2011

no action...

- will continue to be on sidelines

- did some chart reading, etc over the weekend and made notes in the "Current Research". check it out in the "Pages" section to the right if interested.

- unless I see something very compelling, I'm not going to do much for the rest of the year.


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