I'll leave to you to draw your own conclusions.....
Tuesday, April 27, 2010
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This is all about the tides...and their effect on the financial markets...actually its the effect of gravity on the markets, but who's keeping track. Besides, tides are cool. We'll go slow here....post some charts...establish the relationship between the tides, the markets and so forth. By the way, this picture? Not much in the way of tides, but the beach and the water works.
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Well, it looks like we got a low one day early (Wednesday), but also got hammered down pretty well today. This new tidal trade does not start very well for me. Let's see what the tidal upswing still has in store for us. That's why trading can be frustrating sometimes and you bet I feel frustrated about today's decline. I need to find some project to work on this weekend for destraction.
Joe
As you know by experience, fridays can be brutal in a bull market sometimes. I'll chalk that one up to your experience, though I've done the same. Need to keep our eye on sunday night action to see if we get a launch overnight. I might trade it that way and see what happens. Is volatility returning?
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