The purpose of this blog is to provide a comprehensive compilation of articles and posts which have been of great help to me in the past, or that I find very insightful, wise or containing a great deal of useful knowledge.

The original author of the text will be mentioned, so that those who are interested in the subject can explore it deeper.

The blog will consist out of several categories, some more theoretical, other containing charts and analysis.

Finally, this blog is, in a way, a continuation of the journal
I started in the public section on another site.

Re-test of lows and new lows Posted 11-14-2008 at 06:42 AM by firewalker Updated 11-22-2008 at 10:20 AM by firewalker Yesterday the market continued it's downward movement, accelerating into a climax and reversing sharply off the bottom. Although the ES and NQ both made new lows, the YM tested 7950 almost to the tick and rallied 800 points from there. A reminder that staying short too long, can be expensive. Charts form the dailies attached. firewalker

Posted in 2008 The Big Picture Comments 0

	The Big Bear Posted 10-24-2008 at 06:41 AM by firewalker Updated 10-24-2008 at 06:42 AM by firewalker We made a low last week, but it doesn't look like it's going to be THE low that marks the end of the bear market. firewalker
	Posted in 2008 The Big Picture Comments 0

	Panic versus capitulation Posted 10-22-2008 at 06:57 PM by firewalker http://www.marketwatch.com/news/stor...ist=TNMostRead firewalker
	Posted in 2008 The Big Picture Comments 0

	Fear Posted 10-13-2008 at 04:17 AM by firewalker Vix reaches all-time high firewalker
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	Break to new lows Posted 10-06-2008 at 02:10 PM by firewalker And indeed, as I anticipated the Russell 2000 broke it's monthly lows and fell lower quite a bit. It does not look like we near capitulation yet, but the DOW opened lower a lot today and with my eye on long term support around 9750 the bottom might not be that far away. firewalker
	Posted in 2008 The Big Picture Comments 0