Randy'sTradingDesk: November 09, 2012-Stocks Edge Higher After Declines Showing Signals of Strong Resistance

An expert-driven approach to trading

Friday, November 9, 2012

November 09, 2012-Stocks Edge Higher After Declines Showing Signals of Strong Resistance

After ending the two previous sessions sharply lower, stocks saw modest strength during trading on Friday but closed well off their best levels of the day amid lingering concerns about whether politicians in Washington can avert the looming fiscal cliff. The major averages all ended the day in positive territory, although the Dow closed only just above the unchanged line. While the Dow inched up 4.07 points or less than a tenth of a percent to 12,815.39, the Nasdaq rose 9.29 points or 0.3 percent to 2,904.87 and the S&P 500 climbed 2.34 points or 0.2 percent to 1,379.85. Despite the gains on the day, the major averages all closed lower for the week due to the sell-off seen in the two previous sessions. The Dow fell by 2.1 percent, while the Nasdaq and the S&P 500 slid 2.6 percent and 2.4 percent, respectively.

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Since Nov 2009 this system has delivered an average of 1.5% per week returns . The "Weekly Average" includes taking a loss on a stock 15% of the time following a prescribed stop-loss.

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Remember, this is my specialty and a full-time focus as we continue to deliver a graduated learning program to an elite trading community.

randystradingdesk@gmail.com

Successful Trading requires:
1. Following a set of proven disciplines
2. Building confidence that removes emotion
3. Patience know "when to hold em and when to fold em"
4. Continuous Learning

Why Does He Provide the Service

What I have found out about myself is that I am really successful when working with a team and when it is all about me I tend to get lazy. If it were not for leading an investment team, this model would not have developed to the degree of accuracy and efficiency that it is today. It's about being accountable to others that encourages the weekly analysis used in refining this system and always looking for ways to streamline even further by investigating technology solutions that automate what is considered routine. As a result, we are able to take advantage of a refined system while offering it to a limited group of investors.

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Limited Time or Knowledge
Here investors are notified when a "Traders Pick" is posted and simply log-in to the service to view the selection and follow a precision pricing strategy (PPS) for each traders pick recommended. These picks focus on US, CAD, ETF's and Global/Emerging markets.

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