From the daily archives:

Wednesday, November 11, 2009

Patience And The 30 Minute Time Frame – November 11, 2009

November 11, 2009

As a technician and with a desire to trade a longer timeframe I noted that the first natural downside 30-min entry point in more than a week has just materialized.  If you wait for the confirmation then 2:00 Eastern time will be it.

Just a note to those watching the market.

Patrick

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Memo to Senator Dodd: Financial Reform Need Not Be Complicated — Seeking Alpha

November 11, 2009

A hearty round of applause.  The “net cause” of this is the same reason I’m a proponent of a “Fair Tax”; government gone wild.  Please, Senator Dodd, be a hero and stop trying to federalize everything.

(Editor’s note:  If Congress makes things too complicated then maybe the public will just give up, go away, and let Congress and the President do what they want.  Is that right?  You tell me!)

Memo to Senator Dodd: Financial Reform Need Not Be Complicated — Seeking Alpha

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Four Basic Qualities of Great Technical Indicators & The "Stochastics Default Club" | zero hedge

November 11, 2009

I have a relatively dry sense of humor, or so I’m told.  This rant is riddled with it.  I only wished that I had written it. 

As always, there is a fair amount of truth to all humor.  That is what makes this post so important. 

Enjoy, learn.  But do it after trading hours.  You won’t regret it.

Four Basic Qualities of Great Technical Indicators & The "Stochastics Default Club" | zero hedge

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