Bernie Mitchells Market Commentary

Bernie Mitchells Market Commentary

MARKET APPROACHING SELL & HOLD
November 21, 2009

With the General Market (OEX) registering new recovery highs last week, and the New Economy stocks falling to three (3) week lows, the final “weight of evidence” has fallen into place for a sustained correction in the eight (8) to 12 percent range over the next two (2) to (3) months.

Big target 100.88 basis the SPY which is major Fibonacci Cluster CONFLUENCE level, a (more…)

Planning Forex Trading – Part 1

Planning Forex Trading – Part 1

The objective for this last portion is going to be introducing to you the whole idea of the planning process.  You can get a review of this by going to the membership website and looking at the weekly wrap up. The weekly wrap up, I usually have some good intentions of trying to show you my twenty minute process without any commentary.  Unfortunately, because my core I am a teacher; I love to teach.  In fact, one of the reason why I do what I d (more…)

Online Trading

Online Trading

Daily Market Commentary for March 31, 2009

Major U.S. indices hosted another positive trading session today amidst moderate trading volume creating a variety of action for those involved in online trading. (read more at Millennium-Traders.Com)
http://www.millennium-traders.com/news/newscommentary.aspx(more…)

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