Sunday, December 28, 2008

Thoughts....

I've included some market breadth & sentiment charts I follow in the weekend update. I also added a few new and fresh setups to the watch list. Since it's likely going to be another slow and boring week, anything I do will be small with tight stops. The fireworks / volatility should be back next week. I'm going to be adding more educational content over the next couple of days including scans.

2 comments:

Seawolf10 said...

thanks for your charts and insight. i read slopeofhope and many others out there and you simplify and manage risk better than all. keep it up

ActionPointsTA.blogspot.com said...

Seawolf10,

Thanks for the kinds words. I'm always striving to simplify. I still think there is nothing that beats good old fashioned & simple TA. It's not fancy, but it works (most of time). Managing risk is a tough task as everyone knows. The "emotions" tend to interfere with doing it properly. Again, thanks for writing, and I hope to hear from you in the future.

Regards,

Tony