I really enjoyed the US Open Tennis Men's Final between Novak Djokovic and Rafa Nadal.  It capped an incredible year for Djokovic.  He won three grand slam titles and lost only two matches the entire year.  Plus, anyone who can beat both Roger Federer and Nadal in the same tournament is pretty darn good in my book. That being said, I also have to say that the final between … [Read more...]

Weis Wave & S&PsInteresting day in the ES yesterday.  From the daily chart, we were anticipating follow-through from last Friday's drive down.  The market found support just below the 1127 level, however, and rallied closing the day firmly.  You can see on the daily chart that this has been a level were buyers have stepped in (green arrows) over the past two weeks or … [Read more...]

Hurricanes and power outages are over (thank goodness!), the President has introduced a new jobs program and the Fed hints at more stimulus ... but the market continues its slide.  Let’s take a look: Sellers Still PresentI’ve posted weekly and daily charts of the S&Ps.  We can see on the weekly chart that the market broke through its uptrend line (green line) from the March … [Read more...]

Hurricane Irene is on her way!  Well, we have lived through many hurricanes before and we do live a little inland, so we won't experience Ms. Irene in her full force as our friends on the coast certainly will.  Nevertheless, we are taking precautions. Living in southern New England, we do experience frequent power outages from the larger storms.  It will be no surprise to … [Read more...]

    Here is an article I wrote that was just published on the Trade2Win forums.  It is about the seemingly little things we can do each day, day after day that can add up to our benefit.  It is these little things that are easy to neglect but actually can have a huge impact on our trading.  I'd be interested in your thoughts and comments on this.  Click the … [Read more...]