Monthly Currency Markets Trends - February 2010

Stocks struggled to a mixed finish on Monday, just days after the Dow rose above 11,000 for the first time since early May. That got a lot of media attention but while it is really just another number, and a person who has been crossed before, it gets attention. Many traders to be able to even whole numbers like that as 'century' numbers. Often breakouts are more potent when they occur over whole even numbers like 10.00 or 25.00 on the stock as well.

Want further proof:- Professor Jeremy Siegel of the Wharton School of Business has shown that the 100 highest-yielding stocks of this S&P 500 outperformed the existing index by 3 percentage points each. Now a 3-point advantage may not sound like much, but over 10 years, that meant more than $900 extra received you'll find $1,000 paid out.

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Bauer diverted our focus the charts on fairly projected from his computer system. All I saw were lines, curves, rectangular boxes plus much more squiggly sentences. The tools of a real professional trader: I notion. I was being shown the tools that my market 'adversaries' have been utilizing to 'clobber' me just about all the this point. My heart was beating faster than conventional. I was in awe. I wanted those gear.

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