Saturday, December 13, 2008

Weekend Market Summary - 12/13/08 - Keep Your Options Open

New video for the weekend - main points include:
  • If you look at the indices, you can see bullish signs and bearish signs. Kind of up in the air right now for me.
  • News-driven environments are always hard to trade and that's what we have right now.
  • Best advice is to keep your mind open here as neither a breakout or breakdown would be surprising. Getting locked into one opinion right now will get you in trouble.
  • Video focuses on both long and short setups as I try to remain prepared for anything.

**** Here's a link that should work better for IE users if the first link doesn't work

I have received some feedback on the videos so far and hope to receive more. I think they are turning out well but if you have any suggestions feel free to let me know. Thanks.

2 comments:

Charlie G. said...

Congrats, Mac. Our second kid is coming in March. I was doing real work the last two hours - wow what a PM rally, flirting with 9000.

Mac said...

Thanks Charlie - congrats to you and your wife as well. Feel free to ask how the adjustment goes - I've heard it is quite a change.

Today was crazy. I was away from the computer for most of the day so didn't trade. Oh well.