Jitters and low volume

Market has settled down in to a predictable noisy and volatile phase. Eventually the move will resolve itself in either direction but at current stage day to day action is influenced by news flow and jitters.

Intel guidance and Apple Iphone numbers had the market opening strong yesterday, but sellers wasted no time in driving down the market till lunch. Dip buyers tried putting a rally together but by end of day it was a negative day on slightly lighter volume.

Market is in Fed watch mode. So this action will continue till then. It is tough place to be, you can b neither short aggressively or go long with confidence. Tactical plays or sideline is the best bet.

Best site to learn to trade

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You will see that many trading bloggers have been using my market timing methods, scans, and chart templates. They have developed their own methods based on my methods.

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If you are looking to develop your own trading strategy, the membership site might be for you. You have to be willing to put in the effort to build your own method. There are no silver bullets offered on the members' site. Every method, every scan, every nuance is detailed, and all possible help is offered to design your own method.

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