Being a Trader

"The "doing" part of trading is simple. You just pick up the phone and place orders. The "being" part is a bit more subtle. It's like being an athlete. It's commitment and mission. To the committed, a world of support appears. All manner of unforeseen assistance materializes to support and propel the committed to meet grand destiny." - Ed Seykota

Sunday, June 29, 2008

New Lows in the DOW 30

There are 12 stocks out of Dow 30 in the 52 week new low list. They are MMM, AXP, AIG, BA, C, GE, GM, HON, JPM, PG, and UTX. Industrial, Defense, and Consumer staple stocks, such as, MMM, BA, HON, PG, and UTX, just appeared in the list last week. It seems the weakness of the stock market is getting broader.

PG



UTX

Posted by Wayne Qiu at 1:17 PM

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  • ▼  2008 (59)
    • ►  November (1)
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    • ▼  June (21)
      • Supportive Forces of the Stock Market
      • The Las Vaga Game Houses and Royal Caribbean Cruises
      • New Lows in the DOW 30
      • Weakness in the Defense Stocks
      • Trading Moving Markets
      • Regional Bank Brothers
      • More sectors are in new low territory
      • A Nice Poem I like very much
      • Dow Jones Leaders and Laggards
      • Hot Coal
      • Grains and Fertilizers
      • Shanghai Stock Exchange Composite Index
      • Banks Oh, Banks!
      • The Attentional Move of Crude Oil
      • New High Themes
      • Quote of The Day
      • Quote of The Day
      • New Low Themes
      • Helicopter Money
      • A Black Swan Chart Pattern
      • Oil on the Magazine Covers
    • ►  May (20)

About Me

Wayne Qiu
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Please Note

The intention of inclusion of charts, trading ideas, and my trades is to share my experiences of being a trader - The appearance of them does not imply any kind of indication or recommendation to buy, sell, hold or stay out of any positions.
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