Don't expect the market to behave exactly the same way twice. The market is an artist, not a computer. It has a repertoire of basic behavior patterns that it subtly modifies, combines and springs unexpectedly on its audience --- Wyckoff
Pro. use technical analysis to look for stocks w/ short-term price momentum. Not interested in fundamental or intrinsic value of stocks, but rather in their trends and patterns.
*Note: In this Economy-.
J.C. Parets is the Founder & President of Eagle Bay Capital, LLC. and the Senior Editor of Allstarcharts.com. He Earned the Chartered Market Technician designation (CMT) and is a member of the Market Technicians Association.
I do one thing and I do it very well; precise Fibonacci entry levels on any futures contract,equity or option.
Founder and CEO of The 'Tater Sack Thong Co.
Lover of the blues; Muddy, Howlin, BB, Lightin', Buddy, KWS ..
Entrepreneur and former fund manager, now active independent trader, trading mostly the US equity market via stocks, ETFs and options, following closely the syndicate calendar for IPOs and secondary deals.Following markets for 15 yrs+ still learning.
Mercenary Trader: Timely market commentary, valuable resources for current and aspiring traders, awesome interviews and free special reports, high quality materials on the psychology, theory and practice of trading, and more.
Market technician, analyst and trader with over 25 years experience in global equity, forex and futures markets. Former sales trader to hedge funds/institutions, research analyst, prop trader, buy-side head of desk. Grass looks greener here.
Author, Market Technician at miAnalysis, Inc. I started my career in markets in 1999 and analyze stocks, ETFs, bonds, forex and commodities. Comments are not recommendations. Lucky husband, proud father. Future Ironman.
I construct charts to help people capitalize on the excess fear and greed of global investors.
My goal: provide research to help investors enlarge their portfolios regardless of market direction. My approach - TBNM or Tops, Bottoms, No Middles