Emotion Pendulum - Greed Or Fear ?
My Trading Quotes
The best trading method is to take advantage of the crowd's greed and fear.
One must be able to read the current level of the market's hidden energy to be a master trader.
A low-risk, high-return trade is a trade that is aligned with fundamentals and opposite the current market peak emotion.
----------------------------------------------------------------------Jimmy Chow
Friday, August 31, 2007
Anticipate
I can't tell you how it came to take me so many years to learn that instead of placing piking bets on what the next few quotations were going to be, my game was to anticipate what was going to happen in a big way.--REMINISCENCES OF A STOCK OPERATOR by Edwin LeFevre
Friday, August 24, 2007
30 Week Moving Avearge
Pullbacks near the 30-week moving average are often good times to take action. — Michael Burke (Investors Intelligence)
Friday, August 17, 2007
Saturday, August 11, 2007
Central Banks
The job of central banks: To take away the punch bowl just as the party is getting going.— William McChesney Martin(Federal Reserve Chairman 1951-1970, 1906-1998)
Friday, August 03, 2007
Don't Fight The Fed
Stocks are super-attractive when the Fed is loosening and interest rates are falling.In sum: Don’t fight the Fed!— Martin Zweig
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