looking for 1400 today, longs 96, 97
waiting to get filled
Nice to see the transports moving.. really want to see Banks moving up to get us going again perhaps later this week. Not meant to trade on feelings but market feels undecided at the moment.
nice, i'm thinking jobless claims or unemployment may be a catalyst for new highs? Whats your thoughts, this ADP number this morning has me a tad worried that may not be the case.
Anything that gives you some ideas or starting points for your own research and trade plans is a good thing.
Cramer takes a lot of flack from the more active traders because a lot of his calls do the opposite of what he says, but like anything in the market, you can never expect to be right 100% of the time.
He has done very well for himself and gives sound advice when it comes to investing. As long as you use strict trade plans and limit your losses, you should be fine.
I think he gets a bad rap from traders because he is more of a fundanental investor than a technical trader...We are not his target audience,his followers are average people who have lives outside of trading and they buy and hold a portfolio that is heavier in defensive high yeilding stocks with some small cap beta..We are obsessed type A people who have 5 screens watching 5 different currency pairs plus twitter feeds,forums and any other tool we seem useful...
OT : Jr SEAU found dead ...Police suspect 43 year old NFL legend Junior Seau committed suicide.Very Sad Day