Online Stock Trading | Happy New Year!

Happy New Year!


Filed Under Market Psychology | 1 Comment

Wishing everyone a healthy and happy New Year!

I am reading Ron Paul’s Revolution book, it is well worth the few pennies that you pay for it.  In fact, its worth a heck of a lot more than what you pay for it.  Many people fail to realize how powerful the constitution is and how our elected officials blatenly ignore it.  Go out and get the book!

I will be posting in the coming few days a spoof on predictions, should be fun.  At the moment I am formulating my thoughts on the market and how we’ll roll.

Wednesday’s action was surprising to me, I did not think volume would come in strong on either the upside nor downside.  Tuesday and Wednesday were extremely positive for the market albeit with below average volume.  We saw in 2006 and 2007 low volume rallies push into new highs, no reason this market can not rise on lighter volume.  In the long rung it will mean better short setups!  At any rate, the market is poised to move higher with nice accumulation after Monday’s distribution day.

I hope everyone had an enjoyable Holiday season.

All the best to your and yours in the new year.

MS

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One Response to “Happy New Year!”

  1. Happy New Year! : Monster Stock Trader on January 1st, 2009 3:02 pm

    [...] Happy New Year! Share and Enjoy: [...]

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