Job Losses Increase Market Rallies.

Written by Chris on May 2, 2008 – 8:10 am -

Well I’m still here along with my bearish opinions. I am quite in the red and have made some cardinal sins but still I sleep well and am not overly worried about my positions. Markets have an annoying herd mentality and the current rally will probably continue to 6300 and if it continues past that well I will be so wrong that this lesson will go down as my most expensive lesson learned yet.

For the moment though I am still in sit back and wait mode.

Range Bound Markets

April 16, 2008 – 4:41 am

"Throughout all my years of investing, I've found that the big money was never made in the buying or the selling. The big money was made in the waiting." Jesse ...

I Like Short Shorts!

April 7, 2008 – 5:43 am

The title of the post is from a song that was in the film "The Money Pit" and it sums up my trading strategy. It seems I'm not alone in ...

Psychotic Markets Continue in Jekyll and Hyde Mode

April 1, 2008 – 4:06 am

What the hell was that? My FTSE short was ticking up nicely when I headed off to work after bad news from UBS, Deutsche Bank and American bank Willit Fullya. ...

Youthful inexperience

March 28, 2008 – 7:08 am

I believe it is always good to be able to look at your self objectively. My recent trades have been disastrous mainly due to my fear of losing too much ...

Staring adversity in the face

March 25, 2008 – 5:32 am

As a trader it's all well and good to have strong views but it another thing to exercise those views and stick to your core belief in the face of ...

Missed Opportunities & Dancing Leprechauns

March 18, 2008 – 9:25 am

Go away for a day and look what happens, markets collapse and I'm no where near an Internet connection. As you may be aware yesterday was St. Patrick's Day and ...

Jim Rogers: I like your style

March 13, 2008 – 5:17 am

Outspoken Jim Rogers yesterday stated on CNBC that if he was in Bernanke's position he would "abolish the Federal Reserve and resign." whilst a little heavy handed I agree on ...

Fed receives 82 bidders for $50 billion credit auction.

March 11, 2008 – 10:37 am

Today the fed launched its $200 billion effort to ease the credit crisis. In essence they will take bank junk for a term of 28 days rather than the normal ...

Credit Crunch 2.0

March 10, 2008 – 10:59 am

Robert Peston business editor at the BBC has an interesting article called "Credit Crunch 2.0". The title is great and I can easily see it in popular usage six months ...

About Trading2K

Welcome to trading2k.com the diary of my spread betting life to date. The site was created to keep me in check and will hopefully provide you with interesting opinions, market news and my spread betting tips and strategies. Read More

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