I remain skeptical on this potential reversal? Pivot points can be difficult at times we can only use the tools we normally use to detect direction before the market decides? I do believe we are in a protected market.
I just read IDC recent earnings report and am concerned about continued growth rate they have been enjoying, however institutional growth still appears their main growth engine, but I thinks its mainly due to recent price increases, us active traders don't like those too much. I predict slower growth at best under current market conditions?...maybe buy some puts?<g>
In recent conversations with management about potential bass fishing sponsorship I failed to convince them of the value of me promoting their products and services. Instead, the company convinced me of the difficultly they face with the charting and features most brokerages are providing their account holders for free. I like being spoiled with the charting capabilities esignals workstation provides, however most of the added options are really more than most anyone actually needs IMO. I trade using simple moving averages and RSI, that's really all anyone really needs IMO? I may drop my Quotrek subscription as I can get by without it? Am I a typical consumer? I've been a loyal customer for over a decade but, I enjoy working with the best tools available and will likely remain a customer even though I could probably get by with the real time charts provided from interactive brokers? I'm not going bash esignal for declining my request for sponsorship but, that doesn't mean I can't take advantage of the trading opportunity the chart provides?
I'm still be trying to promote Wall Street companies and stock trading/ investing as it's what I know best, I just have to find the right company for financial support? I've received a much better reception from (NYSE:BC) Brunswick Corp regarding sponsorship but they understand the value of what I'm trying to do a little better. I can't afford to take $25K out of my trading account every year to continue bass fishing at the levels I want to compete actually, that number could double the more successful I become? QTWW is ready to take off, I should be able to pick up $30K+ on my current trade?
I picked up another 2nd place finish and my current points are 781 in the 2008 Angler of the Year race. I am really going to enjoy the big tournaments coming up on my schedule...everybody likes a winner, and thats what I intend to do. |
