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July 28th, 2010

Steve Wynn On Washington

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I’m not packing up and moving to China (at least not yet). But, a good commentary on Washington from Steve Wynn of Wynn Resorts and more.

http://www.infowars.com/Steve-Wynn-takes-on-Washington/

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July 27th, 2010

Multiple Time Frame Momentum A Critical Filter

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Topics: Improve Your Trading, Uncategorized

I hope all book readers have incorporated Multiple Time Frame Momentum setups as part of their trading plan. I describe in the book how you can use almost any price oscillators for this critical trade filter. I’ve been doing some more short term trading the past few weeks since I am settled for the summer-fall season before I leave for warmer climates this winter.

I continue to be amazed at how well the Dual (and triple)-Time-Frame-Momentum setups alert me to high probability trades and, just as important, keep me out of less optimal trades when I get excited about a pattern or price position for the Dual-Time-Frame-Momentum is not setup.

In DT, once I’ve identified the 60m momentum position, I just set the 15m minute DTosc reversal alert to send me a text message and go about my business until I get the alert that the setup is complete. Then I can take a quick look at the chart to verify the position of set the buy/sell stop for the trade.

Don’t fail to incorporate this power strategy with any market and any time frame. Your results should improve dramatically.

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July 27th, 2010

DT Special Report Update Uploaded Sunday-July 25, 2010

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For those blog readers who are also subscribers to a DT Report, I just distributed and posted to the password protected subscribers page a DT Special Report Update for the stock indexes, dollar and gold. We are at or very near critical time and price junctures for these and other markets. If you are not a DT Reports subscriber, you might consider a three month subscription at this time.

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July 15th, 2010

More Foreclosures Coming Up

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Forbes (May 24 issue): According to Loan Processing Services, 458,000 loans that were 90 days past due deteriorated further in March, more than twice the 225,000 foreclosures started that month. That is contributing to an 11-month backlog of 2.5 million loans ripe for foreclosure.

“It’s very clear loans are migrating through more missed payments and are not being pushed through to foreclosure,” says Steven Berg, managing director of applied analytics at LPS.”

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July 15th, 2010

Our Tax Dollars At Work

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No words can describe this insanity.
Four minute You Tube video.
Check it out.

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