The purpose of this is to serve as a closet, or attic, or self-storage facility. A place for me to store what I don't want to lose, all in one place, partly for me, but largely for those who may be interested in what I think about market stuff and trading stuff.

I've reserved the right to moderate comments. Assuming that this works, the point of it is to keep the blog on task as much as possible. Substantive questions will be answered, if I can, but good wishes and so forth will not be posted, not because I don't appreciate them, but because all of that is a lot for newcomers to wade through after a while, so please don't be insulted if you don't see your comment posted.

The first post is a link to a preview of my book. This may be of no interest to you whatsoever, but I do encourage those who are interested to at least look over it before plunking down any money for something that may be of little or no use to them.

Good trading.

	For Mar 18 post Posted 03-18-2008 at 08:23 PM by DbPhoenix I wasn't going to post any more of these, but today's may be of interest to those who get something out of these charts (assuming anybody's reading this stuff ): . . DbPhoenix
	Posted in Dailies Comments 5

For Mar 17 post Posted 03-17-2008 at 05:14 PM by DbPhoenix Pre-mkt: JPM buys BSC for $2/share (was $30 on Friday). Fed makes emergency rate cut to try and support the markets. Um-hmm. NQ falls to last week’s low within a few ticks and that’s currently acting as support. 0935 TICKQ divergence (TD) during pause after upmove off support. 0943 Appears to be hesitating at the lower end of last week’s value range. Another hinge? 0947 Test of last swing low, which is also bottom of hinge. No TD here. Price takes off... Continue reading... DbPhoenix

Posted in Dailies Comments 6

Principles Posted 03-17-2008 at 04:03 PM by DbPhoenix . Minimize risk by (1) focusing on liquid markets, by (2) monitoring the pushmepullyou of buying pressure and selling pressure at those levels of “support” or “resistance” where price is most likely to reverse its trend, by (3) entering on swings rather than breakouts, and by (4) getting out when the market tells you to. The first attempt at finding a bottom is called a “selling climax” (or buying climax at a top). There is extremely heavy trading activity on this day and... Continue reading... DbPhoenix

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	For Mar 17 pre Posted 03-16-2008 at 04:41 PM by DbPhoenix . . DbPhoenix
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On Virgins and The Tooth Fairy Posted 03-15-2008 at 04:42 PM by DbPhoenix Before coming to any conclusions about what “works” or “doesn’t work”, and thus does or does not provide an edge, one ought to keep in mind that a given event -- such as price seemingly finding support or resistance at a trendline (or moving average, candlestick, Pivot Point, Fib level or whatever) -- may be only incidental to what is truly providing that support or resistance. A fundamental misunderstanding of how "indicators" are calculated and what they're supposed to... Continue reading... DbPhoenix

Posted in Dailies Comments 4