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

We witnessed history yesterday as the Dow made its biggest ever single day plunge when the congress decided not to approve the rescue plan. The Star Trading System seemed to have seen it coming and gave us qualified bearish stars even though they have moved much by the time they qualified for entry. No doubt, this is testimony to the sentinel behavior of the system even in this messy market. Again, always check that you have followed the rules 100% before doubting the system.

Yes, this is the headline on almost every respectable news wire today and I have decided to use this headline today as well.
The Dow made a historical plunge today as floor traders across the US buried their faces in their hands in despair. There’s going to be a lot of sleepless nights. Surprisingly, Mama has decided not to go to the beach after all since Papa cannot convince mama why so much money is needed. The kids with their bags already packed and slung on their shoulders jumped out of the window in despair…

Let’s observe a day of silence for those who perished today…

Star Option Trader’s Thought For The Day : "Always Respect The Market"

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

The Star Trading System entry procedure kicked in yesterday and kept us out of the market once again. What’s exactly happening in the market? For those who doesn’t follow business news, the US government is deciding on a bailout plan and should come to a decision this Friday. The net effect and how investors would react to it is totally unknown as this crisis is totally unique. That is why savvy investors should choose to stay on the sidelines instead of BET on a direction.

Anything else I need to say?

The totally low trading volume today shows that investors are choosing to stay on the sidelines instead of betting on a direction. The rescue plan is a good one and one that will certainly be passed but what about its long term effects on the economy? Despite what Paulson says, all economic models points towards some side effects but the economy will certainly be better off with than without the rescue. The problem is, this difficulty in forecast due to the fact that this rescue and crisis is totally unique as well, made it hard for institutional investors to take a decisive stand. For now, the Dow continues to be in a slightly bearish inclined short term neutral trend within the framework of a primary bear trend. As the theory of technical analysis goes, trends are assumed to persist until changed by a stronger force.

Star Option Trader’s Thought For The Day : "Always Respect The Market"