Just answer... Yes, No, or Don't Care (specific opinions optional) to be entered in a drawing for the prize below.
Prize
Winner will receive 2 FREE months of MarketClub and 2 hardback books on valuation, risk and investment courtesy INO TV. Whether you are already a member or not, you will receive 2 FREE month with no catch.
I have chosen the winners for the latest Trader's Blog contests, so drum roll please...
The winner of the March contest, where we asked "Do you think that the government's spending is out of control," we generated the random number of 128. We had 278 responses, but only 253 eligible comments.
Congrats... Michael B. of Apopka, Florida
I will be sending your seminars and book out today and we appreciate your participation.
In January's Contest, we asked our visitors, "Where will the DOW close @ the end of the 1st quarter of 2009"? Although we picked a random winner for the month, we also want to send a special gift to the person who came closest to the actual close.
As more and more technical indicators become more taught, followed...and misunderstood I wanted to geta contrarian view of the MACD. I asked Mark Young from ChartSmarts and Wall Street Sentiment to do that for us. I've known Mark for a while and can attest to his knowledge so please take some time and read the article below and comment as you see fit! You can also learn more about MACD HERE.
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Throughout my 28 year career as an investment professional, I've learned that you've got to do things differently if you expect to beat the averages. More importantly, I've learned that one has to separate oneself from the herd if one wants to avoid being trampled by them. As such, I'm always looking for an edge to set my trading apart.
With that approach in mind, I'm going to risk being mistaken for an investment "guru" cliche' and tell you that I've got a secret "they" don't want you to know: The most popular technical indicator available today-- is a fade.
Continue reading "Breaking Away From the Herd: A Contrarian View of the MACD"
Do you think the government's spending is out of control?
You have until midnight (PST) to answer this question by clicking on the link on the right hand side of the blog. We will be drawing a random participant and sending them some goodies that only a trader would love.
Good Luck!!!
It takes a big man to admit a mistake, especially when the mistake almost crippled an industry giant. Rick Wagoner, former GM CEO, came clean this week admitting his mistakes. Now, no one likes to see anyone lose a job, but this mistake placed General Motors (NYSE_GM) in jeopardy years ago.
So what was Rick Wagoner's big mistake?
Continue reading "General Motors Rick Wagoner finally admits his biggest mistake"
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