Re-reading Reminiscences of a Stock Operator by Edwin Lefèvre, here’s a possibly relevant excerpt from the book: One day I saw in the Paris Herald
read“Anyone with average intelligence can learn to trade. This is not rocket science. However, it’s much easier to learn what you should do in trading
read[[KO]], Coca Cola Click images to enlarge Daily chart On Friday it traded on almost 5 times the average volume, yet closed almost unchanged. If
readSummary of Rail Freight Traffic from Atlantic Systems Inc. Data through September 12, 2009 — 36 W 2009 A weekly report of North American rail
readI can’t determine where we are in this cycle Yesterday I got a phone call from a large Canadian bank. The guy on the phone
read[[FSLR]], First Solar Some good news came out after market close (don’t know what it is) and FSLR is up 1.60% in the after-hours trading.
read[[FSLR]], First Solar Either FSLR pulls back to $130-136 or keeps on trucking. However, it looks somewhat over-extended, touched an important resistance level and backed
read[[BEE]], Strategic Hotels & Resorts Originally posted on September 13th. BEE is up something huge today. Here’s a 1-year daily chart. Click to enlarge Needs
read[[CAT]] P/E — 18.27 Forward P/E — 30.07 Dividend — 3.19% ($1.68) CAT reached the top of the uptrending channel.
readYet another “inflection point”. SPY and QQQQ closed at new highs today, so performance-anxious and technical buyers will probably come in. Still, how about a
read[[bee]], Strategic Hotels & Resorts Long BEE. Risky trade, so playing it small. Company has $0.92 per share in cash, book value $9+. Volume pattern
read