If you remove all the noise, it is nothing but up. But do not get me wrong, Noise is an important component of the market. When most traders are in cash, their cash is what is needed to push the market up.
So, day traders, swing traders are important component in the market Dynamics, just look for a system that works for you, meaning, your portfolio is earning. If not, then think again, maybe trading is not for you.
1.Stocks fell posting a sixth straight weekly loss — longest losing streak since the fall of 2002. Jobs data
2. Fears that China is moving to curtail bank
3. Dow below 10,000 thanks to Euro crisis The suffers its biggest ever intraday point drop: 998.5 points
4. Stocks are falling to their lowest level in a month as worries mount over a slowdown in China and a debt crisis in Ireland.
5. Japan Tsunami and Nuclear Problem
6. Greek Debt
The moment I ceased to be satisfied with merely studying the tape I ceased to concern myself exclusively with the daily fluctuations in specific stocks, and when that happened I simply had to study the game from a different angle. I worked back from the quotation to first principles; from price fluctuations to basic conditions. Livermore
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