“On a scale of 1–10 (10 = great), I rate Dr. Gary’s Eight Weeks to Chart Reading Mastery 10+ because I learned a great deal. I looked forward to each class. Learning how to read the market and building a story has fleshed out my methods. Before I took the class, I was good but inconsistent. Since Early October (to early December) I’ve had 1 losing trade and 13 … [Read more...]
Have Sellers Arrived?
We have been watching this stock market grind up for what seems to be weeks on end. This is a classic low volatility grinding rally. It continues to creep along ever higher, absorbing whatever small supply (mostly profit-taking) occurs. No big pullbacks. Difficult to get long. Difficult and dangerous for those traders who become easily frustrated at 'missing out' of … [Read more...]
Where Are All The Sellers?
Daily S&P Action Last week, I thought that odds were beginning to favor a pullback in the stock market as represented by the S&Ps. On the daily chart, we saw demand tire out on February 17 (bar A). The next Monday on bar B, sellers took the market back to the close of Friday with a pickup in volume. Some selling had come in and indicated a pullback was likely. We … [Read more...]
Current Stock Market
I am back from the NYC Traders' Expo. It was another great experience. I got a chance to meet several traders who are in Deep Practice and/or who have taken Chart Reading Mastery - it was great to meet face-to-face. Thanks for making the effort to say, "hi." I only wish we had more time to spend together. As is usually the case, it gets a little hectic with all the … [Read more...]
Traders’ Expo in the Big Apple
Next week, I'll be at the Traders' Expo in New York City. I will be speaking on the Wyckoff Method on Tuesday. I will be highlighting some of the material I have coming out in a DVD to be published by Trader's Library next month. I'll let readers know more on the DVD as it gets closer to publication. Here is a link for the Traders' Expo: NYC Traders' Expo If you are … [Read more...]
