Daily and weekly updates of targeted stocks that may see short term price gains. Plus, updates on current economic issues that may affect the stock market.
Monday, March 19, 2007
Doug Kass's Bracketology
I ran into Doug Kass's article on Bracketology. He points out the real winner in this subprime melt down. He points out how things will play out and who will ultimately be the king of subprime meltdown.
I am not a professional trader, though I do trade enough to possibly be considered a professional. Everything I have learned about stock market was self taught through much trial and error. Many mistakes and horrific losses eventually gave rise to a profitable trading system using options. I do not trade common stocks as they do not provide enough leverage. I enjoy blogging which I started last year and have found it exciting and it helps me to focus my fundamental side of my trading. I employ price volume action and do trade catalytic events such as earnings, scandals, and other major events. I follow momentum tenets of William O'Neal. To me, price to volume action and market direction is more important than lagging indicators, but on occasion will employ it to do some day trades.
My goal is to give up my medical practice one day and devote my full time to blogging and trading.
No comments:
Post a Comment