“It takes a lot of courage to release the familiar and seemingly secure, to embrace the new. But there is no real security in what is no longer meaningful. There is more security in the adventurous and exciting, for in movement there is life, and in change there is power.”~Alan Cohen

learn to trade futures june 8

Approaching a big head fake. Watch out for this move where the investors are finally feeling secure enough to get in.

learn to trade futures june 8 weekly

The market makers are buying when everyone is scared, the investor is bascially waiting to feel safe and not risk much.   Maybe these are the trigger words we are looking for when it is time to buy, when it is too risky.  My neighbor (who hasn’t learned to trade) again told me it is time to get back in the market.  He is buying.  He doesn’t know what a chart is but he has heard that it is broken the ceiling and Obama thinks the recession (which I think could turn into a derpression) could be over by  December.

Did Obama really say that.  I think that is the message he wants to inspire us with but we will not be able to slow the 9.3% unemployment down by then.

Let’s look at a chart and see when the buyers stepped in before the market turned.  It looks more like we have made the move to rally up into our next major trend move down.  A continuation, of where we have been heading.

Too high to buy, not if you are an investor.  If you look at home purchases you will see the most homes were purchased (and sold) at the high of the market.  If you look at oil, the most futures contracts were also bought at the heighth of the market.  Stock, when the market was hitting the tops, investors were buying.  My neighbor was considered a sage leveraging the dead equity to buy his position in the market.

So yes, we have rallied to where the investors are feeling safe and feel that the market is stable enough to buy in to.  You choose.