Free Stock Market Research Report by Jason Ng, the man behind The Star Trading System (one of the best option trading systems)

What a week! This is the first ever time I experienced 2 ZERO signal days from The Star Trading System in a week!

Today’s Quadruple Witching day, which is the most volatile trading day happening every quarter. This is one of those days when we don’t trade even if there are qualified signals as the volatility will nullify the effectiveness of our entry procedure. Read more about quadruple witching and what it is from my article at  http://www.optiontradingpedia.com/quadruple_witching.htm

Investors jumped elated today like kids whose fathers has promised to take them to the beach… ON CONDITION that mummy agrees. Now mummy may or may not agree but that doesn’t stop those children from running straight into their rooms and pack their swimming trunks for the weekend. Yes, Bush’s plan needs congress approval and we all know how tough that can be. Even though the market jumped today, it did nothing to change its prevailing bearish bias. The extreme volatility recently along with tomorrow’s quadruple witching created some pretty unique arbitrage opportunities for those who knows how to take advantage of them.

Star Option Trader’s Thought For The Day : "Be glad to be going through this historical period!"

Free Stock Market Research Report by Jason Ng, the man behind The Star Trading System (one of the best option trading systems)

This is certainly turning out to be a VERY black week for the US market. In fact, this is the DARKEST week I have seen for nearly a decade. The Star Trading System have kept us out of this fray so far and gave us sound nights. Many investors are having the darkest period of their lives while some of you trading our Ride The Flow System would still be profiting and laughing your way to the banks.

Both the Dow and Nasdaq composite broke out of their support levels downwards today in a continuation of their primary bear trend. In fact, all of the gains by the Dow since Nov 2005 have been wiped out. Yes, if you have merely bought the DIA and held it since late 2005/early 2006, all your profits would have been wiped out. Long term support for the Dow is now at about 9000 points. Yes, the 2003 level. If it happens, it would be like that 4 years rally never happened. Don’t be surprised to see a relief rally at about 1000 points. The quality of that relief rally would determine if the Dow would go for the 9000 mark.

Star Option Trader’s Thought For The Day : "Staying out is as much an art as getting in"