The election
Some people think that nothing will really happen in the markets until the election - that the markets are waiting for the election.
That would seem to make sense, but I think it is best to play it by the chart and not assume anything.
Watch for shorting:
ALDN, AMED, BCSI, BIV, CALM, DECK, FHRX, GMAI, IPAR, KERX, LWAY, NMSS, NTES, PCYO, RADN, SWIR, TRMD
If IDSA drops below $10, it looks like a good short candidate.
Although the market is weak, if ACSEF can break $12.50, it looks good to buy. And IST is one strong mo-fo. HWG has too low of volume, but is strong and looks good.
Here is an ugly chart
I just finished an advanced reading copy of Cari Lynn's "Leg the Spread: A Woman's Adventures Inside the Trillion-Dollar Boys Club of Commodities Trading" The book tells you nothing about how to trade, but it does provide some interesting stories about traders on the floor of the Chicago Mercantile Exchange. Maybe it would give more inspiration to women traders. But this book, along with Jim Rogers belief that investors should be buying commodities, has sparked my interest in commodities.
I am now reading Jim Rogers' "Investment Biker."
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