Yes, the S&P closed at a new high, but... could it just be a technical push as a result of end-of-day and end-of-week position squaring? Will Monday be the start of a long-awaited correction? The "Mom and Pop" investors have been reluctant to join the market rally this year, fearing that it will subsequently collapse and they'll get burned again. Norman here from The Disciplined Trader Intensive Program. As traders, we are always instructed to "follow the path of least resistance", "go with the flow", or best said...
http://tradingninja.com/
Stick with the trend.
What they didn't tell us was about was...
THE UNDERTOW.
At least that what I call it. You see, there are TWO FLOWS to pay attention to...
FLOW 1: The trend on the chart.
FLOW 2: The Undertow... what the Institutions are doing.
That's what Barbara Cohen is going to be talking about AGAIN at 7:30 Eastern TODAY, Monday. I say "again" because she held one of these last week and because a lot of my people missed it, she's holding it again today. Here are the details on the Webinar she calls,
"Smart Strategies for Struggling Traders" (try 'Shadow Trading')...
The Webinar she did last week on this same topic was met with so many questions that the thing lasted almost 3 hours. Even if you don't stick around for all the questions
at the end, if you trade the EMINIs or even the stock market in general, you want to catch all the information on the front end of this Webinar...In her COMPLIMENTARY online session, Barbara will de-mystify the Emini market and give you the tools you need to become a 12 minute trader!
http://tradingninja.com/
She'll also show you:
*** Why the average trader keeps getting taken to the 'cleaners' in the stock market (and how to fix it).
*** Why you can't trust ANY information from the government or media.
*** An "Insider's" look at the EMini Market, and why you should trade them.
*** Why most people approach futures trading incorrectly (and get burned)
*** The personal trading strategies she uses every day.
...and much more!
http://tradingninja.com/
