By Richard L. Muehlberg*
Posted: Nov 28, 2008

A lot of people lost a lot of money in technology stocks during September and early October 2008. If they had known about this basic trading / investing alternative, they could have hedged their portfolio or made a lot.

Displayed below, you see a 6-month chart for the NASDAQ 100 in the form of the exchange-traded fund (ETF) QQQQ®. The chart shows a super downtrend. How many technology traders and investors felt they had no alternative to QQQQ?

(RTTNews) - Bankrate (RATE) has rallied to a fresh intraday high during the last 15 minutes of trading. The stock added onto Tuesday's gain and surpassed its 50-day moving average, up $2.74 at $32.43.

(RTTNews) - Adolor (ADLR) has fallen to a fresh intraday low during the last 10 minutes of trading. The stock is adding onto this week's losses and is at a new low, down 12 cents at $1.46.

Trading Rectangles: A Particular Case of Dr. Andrews' Pitchfork
By Dr. Mircea Dologa, MD, CTA*
Posted: Nov 28, 2008     

As we all know, the markets go up, down and sideways. Most of the time, the non-trending portion is taking approximately 70 percent of the trading period and the trending portion, the remaining 30. It seems obvious, then, that, to achieve overall efficiency, one should study in detail the non-trending and trending features of the market.

Let's study in this article, the strategic approach of rectangle trading, through the medium of Dr. Alan Andrews' Median Line, specifically, the steps essential to the rectangle trading process.

As to the rectangle's location within the existing trend -- a vital macro

aspect of trading -- the steps are to:

Posted on November 13th, 2008 at 11:22 AM

The Canadian Dollar continues! We keep breaking through resistance (see the MOB on the chart) and have set up again for another Continuation trade. This time, it's an XTL continuation trade that has pulled back on top of the last MOB we just violated. This should be another good setup, as the overall trend from the Daily is still up.

Reviewed by Ed Dobson, President, Traders Press, Inc.

Did you ever guess which way the market was going to move and then lose money? That’s like saying “Have you ever traded?” Of course you have! It happens all the time.

Guess right; you win. Guess wrong; you lose. If you’re lucky (or consistently good), you’re right more often than wrong, and your average profit is greater than your average loss…and you make money on balance. That would place you in the distinct minority of traders.