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First day, down. Up, actually! – If, Then… Market Timing

First day, down. Up, actually!

By Rod David | March 17, 2014 - 5:34 pm

I want to thank everyone again for being so welcoming on our first live day. I”m getting a feel for the various forms of communication available, and we”ll need to address which is appropriate for what, and vice-versa.

We”ll also be focusing on making trading decisions. The entire point to this technical approach is to know in advance what price levels are relevant, and that everything else is noise. But price can”t inform our decision without having a strategy to filter it.

Meanwhile, the spectacular moves keep coming. I”m not sure some of it isn”t money rotating among various segments of the sector. But I”m quite sure a lot of it is new capital coming into the sector as a whole.We all owe Alan much for increasing the sector”s transparency and investors” confidence along with it.

We”ll have the other half of initial coverage available overnight. Existing coverage will also be updated where price action merits it (that”s a lot). I would like to start at least a weekly live review, something like Wednesday evening, or both Monday and Thursday evenings.

Keep your feedback coming…

    -=RD

Posted in Bigger Picture