"The market is only truly random if kept within its parameters of limitations."

"Buying power is staying power, with enough staying power you will always be profitable."

Welcome to "The Trading Truth"!

I am authoring this site to make you more aware of your trading enviroment. Whether you are a trader, investor, 401K holder, or have any part of your life linked to or affected by the markets, there should be some valuable information found here for you. You will... (click to continue)

Monday, August 31, 2009

Update to Q's exit, new channel layout

I am setting the secondary extension exit on QQQQ to 38.60. Taking off for the morning to get some errands done.


The paranoia of being long here is pretty high for me... long is a dangerous place to be....


See http://www.channellines.com/ for some updated channels. View the "trade log" link on http://www.thetradingtruth.blogspot.com/ for position updates.... here they are below...