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.


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.