Exceptional clear view of the market, great job by Andy Dufresne
It looks like 1080 on the S&P is an intermediate-term high, with the potential to become a major multi-month—dare I say year—high. Sell the pigs that flew the highest in this rally now.
To sell the rally you must have tried to buy it first—the other [...]
Interesting post on morgan Stanley trades
Zero Hedge:
The jolly folks at Morgan Stanley sure pulled a fast one today, trading 10% of the SPY volume at 6:40 pm, way after most people’s bed time. At least they got their league table brownie points. 30 million shares in three well dispersed blocks is nothing to sneeze at. [...]
Want to master trading? Remeber, everything you want to be good at deserves a lot of time and hard work. It’s very hard business and not for everybody. But if you fight the first obstacles, you can protect your wealth for the whole life.
Trader’s Narrative
“Malcolm Gladwell explores the 10,000 hour principle: to achieve world class [...]