Monthly Archives: August 2009

We closed em where we opened em on the $ES_F. Today again proved nothing 1021 open to 1021 to the close. We ticked a new low only to go higher but a lower high. Anyways, not much to see in this final week until Jobs # on Friday premarket. Shout out to @howardlindzon and @ppearlman as we go live on the Stocktwits Desktop app tomorrow. As an early user, folks are going to love the app. Lots of bells and whisltes and great video content. @STOCKTWITS $$ Good stuff boys, let’s keep it rolling~!

We open Sunday nite down and are still stuck in that 8 day range of 1015 to 1040. Again, 25 pts come to the breakout direction I believe. So under 1015 on a close and we see 990 and above 1040 we see 1065. Its again that simple right now. Play within the range or for the breaks right now. Nothing else to really see here from a risk perspective.

If you are serious about trading in this highly volatile market and want to learn how real traders do their work daily. There is a method to the madness. My daily pivots and guidance may be what you are looking for. Call Eric @ 888-201-4201 or write trader@daytradeadvisors.com

View only access.

Misstrade members private room. To gain full access to video, audio, and chat.
Call 1-888-201-4201

The Power of Vimeo apparently failed this am, so in the spirit of a little market wrap up, I have posted a weekly recap, with Don’t Fight The power being the Theme. Reposting of the video should be right below us here.

I talk auditing both internal and external with Francine McKenna of RE:The Auditors fame. We are down to just a Big 4 firms when it comes to auditing. Back when I was studying my accounting coursework and considering that career path we were the Big 8 or 9. That was the mid 80′s and outside of the numbers of firms,not much has changed with the way auditors behave as we have seen continued corruption of Enron, WCOM, Madoff, AIG, FNM, FRE, LEH, BSC, etc. Some major conflicts still exist and we still haven’t see the heads of the Big 4 come before the Congress or Senate for any change in regulation. Very fascinating way to look at capital markets that Francine provides. If you aren’t digging into the proxy disclosures further, ask yourself why as investor. Thanks for the time Francine @retheauditors on Twitter.

If you are serious about trading in this highly volatile market and want to learn how real traders do their work daily. There is a method to the madness. My daily pivots and guidance may be what you are looking for. Call Eric @ 888-201-4201 or write trader@daytradeadvisors.com

View only access.

Misstrade members private room. To gain full access to video, audio, and chat.
Call 1-888-201-4201

Enjoy your weekend and look for the next MissTrade Missive with Francine McKenna of www.retheauditors.com today. Very insightful interview on the role and meaning of external and internal auditors to the free capital markets.

Wasn’t my best execution day later in the day as the early trades were straight forward easy, but late in the day, chopping right back to the closing prices of yesterday as we continue to roll between 1015 and 1039. Not much new in this market. Sell the top end and buy the low end as we are drifting into the weekend.