Posted by Martin August 22, 2008

Market 08/18 – 08/22

Market 08/18 - 08/22

The rest of the week the market went sideways while volume was dropping. Friday ran up, but on low volume. No big deal. Wednesday: The market continued in a downtrend, even though it ended with a gain it is on the edge of a downtrend. The volume eased however, which would be a good sign. Continue reading →

Posted by Martin August 17, 2008

Market 08/11 – 08/15

Market 08/11 - 08/15

The market remains in rally, however its 50 day MA remains still below 200 MA. Do not open new trades. It is one of the rules which I have broken again two weeks ago. The rally still may fail. These two coming weeks will show if the market would have enough power to break higher. Continue reading →