Sunday, June 07, 2009

Anatomy of a (Losing) Trade

Very good article today in

Anatomy of a Losing Trade

James Kostohryz JUN 05, 2009 1:05 PM

I spent most of weekend by the pool, sunburns all over, I am even crankier than usual so, after bias disclosure I will let charts with DeMark indicators speak for themselves.  You all know how to interpret and use signals, and most importantly you all most definitely know how to control risk.

Bias disclosure:


Dollar, $VIX, 10and 30 years bonds.


BAC Mortgage commercials (I am done with AIG "10 years of laughter" indeed), financial system, CEOs, British Pound, Euro, broad market and particularly technology, financials and all garbage floating on the surface due to dollar/commodities "this time it is different again" suckers play.

2009-06-07-UUP_DAILY 2009-06-07-FXB_DAILY 2009-06-07-30y_daily 2009-06-07-10y_weekly 2009-06-07-EWZ_daily 2009-06-07-OIH_weekly 2009-06-07-QQQQ_weekly 2009-06-07-ES_weekly 2009-06-07-ES_daily

Don't forget to check back later tonight for new Discretionary Trader post.