MAGIC IN THE MARKETS

Welcome


Well, after many years of saying I would put together a website and organize my digital domain, 2002 is the year to start this project. Why now? ..dunno, really.. besides organizing a growing collection of charts, snippets, and journal logs, now is a pivot point in my life, a time to look to the future and envision a perfect lifestyle. My goal is to provide a fresh perspective on the market by combining several trading techniques into a system that makes it possible to operate, interact, and trade from any location in the world. Today's base trading rig consists of a computer with multiple monitors, fast connection, and sophisticated trading software. I want this to evolve, and introduce new techniques which free the trader to choose to manage risk from the likes of next generation cellphones, PDAs, or even internet chat. This site shall become a porthole to tools which harness the power of a network of computers cooperatively finding new approaches, perspectives, and setups.

The markets are a boundless venue in which to participate, a rather magical virtual world of creatures most commonly expressed in the metaphorical terms of bull and bear. Why these two? Most argue that it refers to each other's attack position: the bull changes, gorges, and lifts his victim; the bear rises on her two hind feet and strikes from above. A true battle - perhaps an expression of the emotional ferociousness and clash of convictions. Just like the tides, they slosh back and forth between joy and despair in with various degrees of subtleness, a game of deception with each participant loudly voicing their opinion in an attempt to influence others and satisfy hidden agendas.

I prefer to view the action as a series of waves, cycles, or reality-checks. The markets are, in effect, a dance partner which leads the trader according to the market rhythm into a smoothing waltz, a snappy tango, or a whirlybird east/west coast swing. My approach to winning this game is based on charts and technical analysis - perhaps the only way to assess the true dynamics and interactions of the millions of participants that put prices into motion almost every day. I focus on such tools as Wolfewaves, bullish percentages, investor sentiment, Elliott waves, pattern setups, Fibonacci retraces, cyclical behavior, planetary aspects, breakouts/breakdowns, marketmaker games, and options efficiency to explain my perspective and provide a sound basis for individual trades. I also rely on the advice and insight of trusted advisors far more knowledgeable than myself.

This is just the beginning: Each journey starts with a single step, so join me if this sounds like an adventure. Choose the path less traveled.