Resistance Level: Just the opposite. A price level where the stock has seen increased selling interest in the past, resulting in a downwards move. This is a level that you expect the stock to move down from in the future.
Support/resistance levels can come in all varieties---they can be "intraday support levels", a price level that the stock has moved up from within a single trading day, or more meaningful levels such as a resistance level that the stock has not been able to get above for months.
Thursday, April 24, 2008
Monday, April 21, 2008
Housing bubble and a credit crisis
How to make a the case for a recession which will last at least for two if not three quarters and then a slow recovery of at least a year and half where GDP is in the range of 2% on average.
First, this recession is fundamentally a consumer recession, brought on by a bursting of the housing bubble and a credit crisis. Consumer spending is under pressure from several main areas.
First, as the housing market stalled and then began to drop, we saw a fall in housing related spending, in construction, furniture, mortgages, etc. Remember when most economists and analysts wrote last summer that there would not be a recession from the housing crisis because housing was only 5% of the economy? GDP and Recession.
First, this recession is fundamentally a consumer recession, brought on by a bursting of the housing bubble and a credit crisis. Consumer spending is under pressure from several main areas.
First, as the housing market stalled and then began to drop, we saw a fall in housing related spending, in construction, furniture, mortgages, etc. Remember when most economists and analysts wrote last summer that there would not be a recession from the housing crisis because housing was only 5% of the economy? GDP and Recession.
Friday, April 18, 2008
Forex Trading System
Top Ranked Forex Trading System For Two Years Running! Harvest Profits From The Forex Markets Daily. Full Support And Training.There is no speed limit to your success if you are willing to learn with me, trust my experience and research, and let me teach you my G7 trading system. I could demonstrate to you that I traded G7 for a major bank, tested it with huge trading orders, evaluated it against rigorous statistical testing, and that it is followed by numerous traders around the world. I could tell you that the G7 system produces profits almost every trading week and that the losses are comparatively small Click Here!
Friday, April 04, 2008
option picks
We bet on short-term trends established by large traders. Stock markets nowadays are not the same. It is not enough to study charts and fundamentals. You must know what the market game is being played about. Basic OptionSmartSM Features
OptionSmartSM is a think tank coupled with state-of-the-art technologies to deliver high quality option trading signals. That means: superior returns with little downside risk.
You can use our option picks and expertise in your own decision-making as well as in auto-trading with major brokerages. Pioneered in early 2002, OptionSmartSM is leading auto-trade service that allows you to stay away from trading decisions and save your nerves and time.
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We focus on short-term trading because market plays these days are mostly short-lived and the market becomes much less predictable in the long run.
OptionSmartSM is a think tank coupled with state-of-the-art technologies to deliver high quality option trading signals. That means: superior returns with little downside risk.
You can use our option picks and expertise in your own decision-making as well as in auto-trading with major brokerages. Pioneered in early 2002, OptionSmartSM is leading auto-trade service that allows you to stay away from trading decisions and save your nerves and time.
Click Here!
We focus on short-term trading because market plays these days are mostly short-lived and the market becomes much less predictable in the long run.
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