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Saturday, December 19, 2009

Week in Review: I Hate "V" Bottoms (PODCAST)

"When someone cries "fire" in a crowded theater, a contrarian is the person who first checks to see if there really is a fire before rushing to the door" - Anonymous

Welcome to the Week in Review!

A "V" bottom is a bottom in the market, where the market dips down, and then rises without ever looking back. And I hate them. I talk about that, in the following "Week In Review" Podcast ...

(Podcast Included. If you're seeing this entry elsewhere and cannot play the podcast? Click this link to go to the exact podcast entry ...)

Click here to Download this Podcast.

On Monday we'll talk about the $500 Challenge Project.

You may have noticed some of my "story like" blog entries over at the Davian Letter. Well, I'm going to have an entry like that here at my daily blog next week. It has to do with the incident my life, where honesty? It literally saved my life. I'm convinced that I would be dead if it weren't for my decision, to be honest about something I had done.

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Note: This is not an investment or trading recommendation. The losses in trading can be very real, and depending on the investment vehicle, can exceed your initial investment. I am not a licensed trading or investment adviser, or financial planner. But I do have over 13 years of experience in trading and investing in these markets. The Challenge accounts are run for the education of other traders who should make their own decisions based off their own research, and tolerance for risk.

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