Don't forget to visit my New WSS "Technical Trading 101" 25-article series:

1) Intro to Technical Analysis
2) Fundamental vs. Technical Analysis
3) Types of Technical Trading

More to come!

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Hi, I got almost wiped out this week. I'll try again on Monday.

Hello, how is your week going on the homefront? Are you still number two? You are doing well. I still haven't gotten how to short yet. Do I just don't buy but short or cover first and then cover or short? Am I getting close? And if this is it do you ever get any money this way. I mean if the stock dosen't go down? And how can you short on the paper we short, buy sell on ok.  Well I want be trying it till I actually get it. Sticking with buying and selling. It takes all of your money though you know. Happy trades Tonoi

I've been using a similar strategy, except trying to short each peak, and cover before the next.  It was working great for the first two months but in the last week I really wish I had just been holding the shorts I established last Tuesday (I think it was?) when FNM and the financials had that huge rally.  Instead I covered to take profits, and didn't get the bounce I was looking for for another entry.

Thanks for adding me as a friend. Let me know if I can help you with anything and good luck with trading!

-John C. Lee

http://www.weeklyta.blogspot.com

Citigroup loses $2b.  Beats expectations.  Up 1.65 ~9%.  Brings banks up with it.  This explains why I don't do wss in the real world

What's up eh? You guys from Ontario (Paperclip in Mississauga, happybooker in Guelph, & Booker in Toronto ) are rock'n it! Have you ever been to London, ON. Years ago, I dated a pig farmer's daughter near there. I almost joined the clan. Happy trading.