Articles

Our dollar has experienced a fantastic run up over the past few months. Regular Trading Tutor Newsletter readers would recall that I wrote an article calling the Aussie dollar up when it was trading around 0.6800, since that time the currency has risen over 0.1000, which on the future markets represent 1000 points.

When writing last week’s Trading Tutors article the position of the oil markets looked bullish. After an orderly retreat in both price and time to the 50% levels, some, including the author, were looking for further upside. As has been stated many times, trading the market and not getting locked into a perspective is a very beneficial way to trade.

Almost anyone who has traded or owned stock has been in a position where they knew at some time that a stock was going up. Invariably at some point we all realise that we can never be 100% right or certain of a stock’s next move.

Some things work and others don’t. Some words brighten your days and others don’t. Some ideas pick you up and others don’t. As I handle life’s twists and turns I''ve come across four simple words that can make every moment worthwhile. Let’s look at them.

Our share market may well retreat before year end, but it would take a major pullback to dampen the Christmas spirit of those who have ridden the highs of the 2004 market. Barring the unknown, a major pullback would be much heralded, as many would see it as an opportunity to get in to the market for the first time or to have a second bite of the cherry.