Technically, the market looks out of steam. Whether this latest two day fall back is the end of the bear market rally or just a normal “shake out” of weak holders on the way higher is open. Remember I thought the market had exhausted itself back two weeks ago when I saw Rising Wedges in a...
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Principles of the Stock Market
by
Richard Schwartz
on
05-22-2008
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Filed under: Principles of the Stock Market, Richard Schwartz, Trading, Shorting, Technical View, Keys to the Market, 4-Day Rule, Portfolio Strategy, Market Corrections, Tops, The Principle of Technical Analysis, Rallies, Rising Wedge, Trends, Stock Market Lessons, The Principle of Proper Money Management, Trend Reversals, 4-Day Corollary Rule, Trader Vic, Vic Sperandeo
The Principle of History. Knowing one’s history gives us guidelines and a basis to work from. So yesterday I began to compare the last Papa Bear market we lived through, 1973-1974, which encompassed the first really oil crisis, to today’s ongoing bear market and oil shock. I said I was printing...
Posted to
Principles of the Stock Market
by
Richard Schwartz
on
05-22-2008
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Filed under: Principles of the Stock Market, Richard Schwartz, Trading, Shorting, Technical View, Stagflation, Inflation, Keys to the Market, The Principle of Primary Trend, Seven Principles, Day to Day Action, Daily Update, 4-Day Rule, Macroeconomics, Portfolio Strategy, Historical Perspectve, Perspective, Oil, Extended Bear Markets, Crashes, Market Corrections, Tops, Mama Bears, The Principle of History, Papa Bears, Trades, The Principle of Technical Analysis, Rallies, Rising Wedge, Trading Rules, Trends, Stock Market Lessons, The Principle of Proper Money Management, 1974, 1973
UPDATE ON THE STOCK MARKET . Written, Tuesday, May 20th, 2008: 6:30 a.m. Another one of those turnaround stock market days yesterday. At 2 p.m. things looked great but then stocks reversed downward and by the close there were more stocks down than up on the NYSE , 1479 vs. 1681. While numerous sectors...
Posted to
Principles of the Stock Market
by
Richard Schwartz
on
05-20-2008
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Filed under: Principles of the Stock Market, Richard Schwartz, Trading, Technical View, Charting, Keys to the Market, Dow Transports, Day to Day Action, Update On The Stock Market, 4-Day Rule, Commodity Bull Market, Portfolio Strategy, Tops, Trades, The Principle of Technical Analysis, Rallies, Rising Wedge, Trading Rules, Trends, Trend Reversals