Trading After Market Close

What’s your stock market prediction for Monday, July 14? IndyMac takeover was announced after close…?

… on Friday, so the market had no chance to react (maybe something happened in after-hours trading, I don’t know). Do you think stock traders will see the takeover as a big negative and hammer stocks again, or celebrate because the government is riding to the rescue again, or not react?

The key is how the public reacts. If they make the connection between the size of the sub-prime and Alt-A mortgages outstanding (huge, over a trn USD) and the present level of FDIC capital (small, 50+bn) to make depositors whole (even those with 100k or less), they may decide on a safer alternative to US banks like US Treasury Bills. If they do that, runs on other thrifts and even a money center bank can’t be ruled out. This is also terrible for Fanny and Freddy (Freddy has big debt to roll this wk) and bad for investment banks who have been under pressure like Lehman.
I expect the S&P to open at 12,000, down about 3%. That is weak support. Real support is at 11,000, which is where we’re headed.

Trading Options at Expiration: Strategies and Models for Winning the Endgame $20.00 “Learn and profit from Jeff Augen’s book: It clearly explains how to take advantage of market inefficiencies in collapsing implied volatility, effects of strike price, and time decay. A must-read for individuals who are options oriented.” –Ralph J. Acampora, CMT, Director of Technical Analysis Studies, New York Institute of Finance “A fantastic, insightful book full o…

L’Oreal Paris Infallible Advanced Never Fail Makeup, 1-Fluid Ounce …

Clairol Nice ‘n Easy Perfect 10 (Pack of 2) …

How I Turned 300K into $3,006,282. 57 after Taxes in A Bear Market with Virtual Trading by Investor, Smart Edition , 0 $14.99 How I Turned 300K into $3,006,282. 57 after Taxes in A Bear Market with Virtual Trading. Investor, Smart

Trend Trading (Paperback) $41.26 If you have no time to follow the market closely, then Trend Trading is the book for you. Trend trading is one of the most effective and easy-to-use methods for making money in the market. Success depends on identifying the trend with confidence and catching the trend after it has started, and on getting out as soon as possible after the uptrend turns into a downtrend. The book examines in detail the steps in finding, assessing, selecting, managing and monitoring a long-term trend trade. These are proven, successful methods which are easy to understand and apply. Included are the most recent updates and developments in using the count back line and the Guppy Multiple Moving Average. Daryl Guppy also includes a practical look at setting stop loss conditions to protect capital and profits, and a bonus section on Darvas-style trend trading which is the first significant update of this technique in forty years. Trend Trading shows readers how to use and apply the analysis tools to find effective long-term trades. These can be applied to any group of selected stocks, whether chosen on fundamental criteria, from stock tip newsletters, or found using database technical scans. From this starting point, Guppy shows how the better trades are identified, how risk is managed, and how the trades are closed successfully. The book includes examples of Daryl`s personal trades.

401(k) Day Trading (Hardcover) $82.3 401(k) Day Trading takes readers on a journey through the environment, rationale, and process for day trading a retirement portfolio in minutes a day. The day trading strategy puts a new wrapper on an old package. Its approach to buying low and selling high through daily fund exchanges draws on all but one of the fundamental principles of investment management – investing for the long term was overrated anyway – to exploit daily market volatility. Too simple to be called an algorithm, day trading uses basic arithmetic to set up and capture stock market gains in a wobbly market from once-a-day fund exchanges within the unique framework of retirement savings plans where trades do not trigger immediate taxes or direct trading costs. Whereas stock investors got whipsawed to a 21 percent loss over the last decade, a 401(k) day trader could have made money in his or her retirement savings portfolio during this period. The books explains how. Punch-drunk 401(k) investors know they need help, and now. With over 50 million 401(k) accountholders and millions more looking for fresh insights on managing their retirement savings accounts, what better way can you imagine for them to begin 2011 than to get hold of a book offering a strategy to close in on their retirement dreams?

Day Trading And Swing Trading The Currency Market (Hardcover) $116.94 An updated look at how to excel in the most actively traded market in the world In Day Trading and Swing Trading the Currency Market, Second Edition, Kathy Lien–chief strategist of the number one online currency broker in the world–returns to reveal the most recent data, trends, and events in the fast-moving foreign exchange markets. In addition to containing a number of new strategies that day traders and swing traders can use in their everyday investment endeavors, this guide describes everything a trader needs to know to make the most out of this market–from time-tested technical strategies that individual traders can use to ride short-term trends to a host of more fundamentally oriented strategies involving intermarket relationships, interest rate differentials, option volatility, news events, and central bank intervention. Kathy Lien (New York, NY) is the Chief Currency Strategist at Forex Capital Markets, LLC and author of the first edition of this book, as well as Millionaire Traders (978-0-470-04947-1), both from Wiley.