Importance of Price Action

http://tracer-tracer.blogspot.com/2011/12/only-one-side-of-market-right-side.html

I just posted this for the record regarding how cheap is cheap.

Never buy a stock because it has a big decline from its previous high.

The likelihood is that the decline is base on a very good reason. That the stock may be selling at an extremely high price- even if current levels seems low. Livermore

My Diary

This will be the last post on thi blog. I have difficulty in accessing it for the past few weeks.
Anyway,  here is the link to my mysterious Diary.


http://stocktracer.wordpress.com/

Long USD JPY

Shaded Green Areas, weekend sideways and a drop on Mondays and a rally on Thursdays.

DJIA

from my Diary

Foreign Buying vs Selling

14 straight days foreign buying  while PSEI 7 days up and 7 days down since Feb 15.

Example of Money Management Reset 3rd Week of Feb - Final

Sold last 2 positions, DIZ and RCB.