Thursday, June 4, 2009

Buy the DIPs


There are two ways to use this blog to your advantage and it is a personal choice  that you must make. A) Stay on exactly what I advise only buying and selling explicitly on entry points and moving stops as suggested B) Using me as a guideline and buying or selling at your discretion simply keeping it as a reference point knowing that despite the short history this publication has been exceedingly reliable in terms of proximity and price accuracy.


I have been helping newer traders set up accounts and get acclimated to trading if you are having trouble and need some one on one drop me an email and we can schedule a time chrgr06@yahoo.com

Futures are up to flat there is no real feel to the S+P we keep an eye for the jobs forecast and wait for the NFP friday. Today rates are coming out but it appears thus far to be a non-event
So no news is good news from the Bank of England which affects the GBP which affects oil
expect the same from the ECB. 


I bought on the overnight and just sold for a thousand  and made my quota so I am going to lay out .
Yesterday's correction was over due and needed we go back to our bullish stance
And believe dips should be bought.   

I also remain long In Natural gas.








$40 per month Jjavascript:void(0)une 1 2009