In my last blog post, I talked about some “topping” chart patterns used in technical analysis. Since Elliott Wave International is giving away a free e-book on using Fibonacci to identify turning points this week, I thought I would continue my series on technical analysis and write a post on how I use Fibonacci Retracements [...]
Yesterday I decided to buy XJO put options to hedge my Australian stock portfolio because of what I observed as a “head and shoulders” pattern on the daily chart of the All Ordinaries Index (see $AORD chart above). This pattern is formed when the price charts make a new lower “high”. In a healthy bull [...]
The mainstream media is almost unanimous in declaring that the recession is over and many analysts/advisers are saying it is now time to buy stocks, after the market has rallied more than 50%. Where were these people back in March 09 when the market started its rally? That would have been the right time to [...]
In the last budget, the Rudd government announced some major changes to super rules. We have been affected by some of these changes and today I calculated the cost to us and it came up to a stunning $13,291 per year! For the past 2 years, Kingsley had been contributing the maximum $50,000 into super [...]
As promised, we have started on our training videos to show interested readers implement some of the investment strategies discussed in our blog posts. Our first training program is called “Options Education for the Stock Investor“. For the complete program, check out the Training Videos page. Below is the third video in this program.
NOTE: This [...]
As promised, we have started on our training videos to show interested readers implement some of the investment strategies discussed in our blog posts. Our first training program is called “Options Education for the Stock Investor“. For the complete program, check out the Training Videos page. Below is the second video in this program.
NOTE: This [...]
As promised, we have started on our training videos to show interested readers implement some of the investment strategies discussed in our blog posts. Our first training program is called “Options Education for the Stock Investor“. For the complete program, check out the Training Video page. Below is the first video in this program.
NOTE: This [...]
This is a quick post to let you know that we have recently signed up for a Blogging Course and we learning heaps of new things to help us improve this blog. If you have visited before, you would have noticed a big change to the look of this blog. I have decided to pay [...]
At the time of writing this post, the All Ordinaries has rebounded about 30% from the March 2009 lows. Some individual stocks have even done better than that. Rio Tinto went up 80% from $43 in March 09 to $77 in June 09. The rally has taken a pause after touching 4000 and we really [...]