Articles for: ProfitSource

Before I compose my editorial I await columnist’s articles to see is there a theme I should avoid – if for no other reason than to avoid the risk over weighting a theme.

Happy birthday to our much quoted and well known friend: the Sub-Prime crisis.

A lot of traders fear overnight gaps. A gap is when the price jumps one way or the other overnight compared to the closing price of the day before.

The 200 day moving average is oft quoted by analysts who are ‘sometime’ technical analysts.

All Safety in the Market students should be familiar with David Bowden’s expression “Get to know your contract like a cow knows its calf”.

Always good to take a peek at the big picture. But I am never sure how to make money from it in the short to medium term, nevertheless I always think it is a good thing to do.

The run up on the SPI200 had been quite strong since the low in mid March, until the May 19 top (6004).

A common misconception is that in order for a trader to be profitable, we MUST buy very close to the bottom of the market, and we MUST sell very close to the top of the market.

Well not yet but it is possibly only a matter of time. Let’s go straight to the chart and see what we can glean.

Since last week we have seen Santos power away and continue to make higher levels.