The purpose of this blog is to provide a unique insight into trends that guide market prices. It is intended to educate and show you characteristics about the stock market, of which, the so called "professionals" have no clue. Traditional technical analysis is almost completely worthless and that is one of the main reasons for the creation of this blog. If you enjoy market analysis and information that you will find nowhere else, this blog is for you!
Friday, November 8, 2013
Sold TLT call for $.37
The large gap down in TLT today was obviously not expected. The set up I referred to yesterday has a win rate of above 80%. Just goes to show you that nothing is perfect. The markets are getting back to a more neutral price zone. If we close at the current levels then I suspect another assault on the highs will occur.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment