Global Capital Reserves: Dow Relinquishes All But 20 Points of 160-Point Gain

Wednesday, July 13, 2011

Dow Relinquishes All But 20 Points of 160-Point Gain

Wow! What a reversal today! If there was a full POMO, this would never have happened! This is far more typical of historical patterns. We are definitely climbing a new wall of worry. This is my favorite type of trading, because I can make money trading both directions.

Recommended Book List

Analyse Technique et Volatilite (english version here)- Philippe Cahen
Analyse Technique et Volatilite - Philippe Cahen
Bollinger on Bollinger Bands - John Bollinger
Candlesticks Explained - Martin Pring
Creature from Jekyll Island, The - G. Edward Griffin
Creature from Jekyll Island, The - G. Edward Griffin
Disciplined Trader, The: Developing Winning Attitudes - Mark Douglas
Dynamic Technical Analysis - Philippe Cahen
Enclyclopedia of Technical Market Indicators, The - Robert Colby
High Probability Trading - Marcel Link
Phantom's Gift
Psychology of Risk, The - Ari Kiev
The Ascent of Money - Niall Ferguson
Trading in the Zone - Ari Kiev
Trading in the Zone - Mark Douglas
Trading to Win - Ari Kiev

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Wednesday, July 13, 2011

Dow Relinquishes All But 20 Points of 160-Point Gain

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