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.

Analysis 12: October 9 Posted 10-10-2008 at 05:17 AM by firewalker Trending days... it's not because a directional move is over, that the move can't continue. It doesn't always move this straightforward. But when it does, it's very sweet. First: with the absence of any clear S/R I look at the overnight to see if there's anything special to be found. I just note these things, but don't necessarily use them. There was a congestion area that could provide resistance at the market open: ... Continue reading... firewalker

Posted in 2008 Dailies Comments 0

	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

Small caps Posted 09-30-2008 at 04:03 AM by firewalker Updated 10-06-2008 at 02:11 PM by firewalker It was amazing how, until last week, the small caps (Russell 2000) showed the impression as if a base was building. This is strong contrast with most indices that set new lows in July and September. However, yesterday's huge collapse brought the Russell back to the lows (657) on heavy selling and it looks like this time it's bound to break. ... Continue reading... firewalker

Posted in 2008 The Big Picture Comments 0

The Summer Doldrums? Posted 09-04-2008 at 11:42 AM by firewalker Summertime has been tough trading. I have been looking for explanations in several places, but it looks like the volume has been extremely low compared to other years. That, and the fact that many people talk about the Big Money not coming back until after Labour Day might explain why the price/volume relationship has been (at least for me) more difficult to read... From http://www.traderfeed.blogspot.com/: * Liquidity Drying Up - I see that Rennie Yang, author of the... Continue reading... firewalker

Posted in 2008 The Big Picture Comments 0

	July 2008 Posted 07-22-2008 at 05:00 AM by firewalker Charts and comments included here: http://www.traderslaboratory.com/for...html#post43088 firewalker
	Posted in 2008 The Big Picture Comments 0