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Public blog posts only as education and entertainment. private membership market updates reflect my view and analysis of the market. The information contained on this website and from any communication related to the author’s blog and charts is for information purposes only. The chart analysis and the market comments do not hold out as providing any financial, legal, investment, or other advice. In addition, no suggestion or advice is offered regarding the nature, profitability, suitability, sustainability of any particular trading practice or investment strategy. The materials on this website do not constitute offer or advice and you should not rely on the information here to make or refrain from making any decision or take or refrain from taking any action. It is up to the visitors to make their own decisions, or to consult with a registered professional financial advisor. And i absolutely discourage trading options.

Friday, January 21, 2011

a trader's market

IF (a big if) humble's recognition and analysis is correct, this is and will be a dividing and a trader's market, and all those extreme bullish or bearish biased analysis, and all elliott wave analysis out there will fail for a long long time. only people know how to analyze charts correctly and trade on both sides can benefit from the market. could be a revolutional view of t/a going forward. it's hard, but that's the reality imho.



a trader's market means trade on the both long and short sides. for example, humble was shorting $rut with 3X bears at the very top on Tuesday after APPL earning release surge AH(detailed comprehensive $rut report and analysis available).
Then yesterday 1/20 humble was long spx with double long near the day low around spx 1272. those are trading position, enter and exit according to humble's chart analysis. not a general view of the market.
if you need help on charting analysis for your trades, i would love to help on any issue, US or any internatioal market. contact humblestudent666@gmail.com
http://baidabiotech.blogspot.com/