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Had respect for Don Miller before he tried to monetize his trading success by going into trader education and throwing out a little bone to a charity for marketing purposes. His blog was great at first but it seems like it was used to set up his trader education sales gig. Teach people how...

Most of the above blogs suck. There are very few blogs by traders who actually make money and write a trading blog for personal, not financial reasons. One of my favorites: http://capitalobserver.blogspot.com/

I have been reading financial articles, watching Bubblevision, and getting a feel for traders' views and the majority seem to agree that we will go right back up after this pullback. And I think most people are expecting only a little pullback. I see a lot of hardcore economic bears but not...

The best traders in the world are discretionary traders. But...the worst traders in the world are also discretionary traders. If you are not a very good trader, or if you can't control risk or manage emotions, system trading is the way to go. If you have a good feel for the markets and...

Ok, didn't know.....

This market has reversed hard, and there are no bids. This market should continue to sell off throughout the day and finish near the lows. Buying the dips here is very dangerous. This reversal is for real, and a sign that the market is in for some pain for at least a couple more days. This...

Right now, most traders are in agreement that the market will be unsettled and a bit weak for the next few trading days, but once we get past the next couple weeks, with the Fed and nonfarm payrolls report 2 weeks from now, people are projecting a rally to the year end based on a chase for...

In April and July, earnings season was a catalyst to catapult the market to new highs. Expectations were low, and they were soundly beat. Stocks went higher on the news. Well, the expectations were low this time as well, and most bellwethers beat the numbers. But stocks have not gone up on the...

The bulls threw all they could at the bears during this earnings season, INTC, JPM, AAPL, AMZN, MSFT, etc. And we've gone nowhere. All we've done over the past few days is generate volume and churn at current levels. We've got to go down first to shake out the weak longs and then we'll push...

The top is near, I would characterize the action of the past 2 trading days as a battle for control between bulls and bears. When you get a battle for control, there is usually a short term pullback. The volume and intraday volatility of the past 2 days has been above average to put it mildly...

Nice persistence ammo. Make the bulls pay dear this time! BTW, I think next week will be when the bulls take the brunt of the damage.

Statement day made by the bears. SPX 1100 is solid resistance and with the complacency and overbought readings, the easy trade is the short side for the next couple of weeks. Despite the weak dollar and roaring commodities, we closed down. The stock market has internal divergences as well...