Monday, November 02, 2009

Ideas for a Monday

* We continue to see a significant number of stocks register fresh 20-day lows. That number exceeded 2500 today. I'm reluctant to play for any enduring bottom without seeing greater drying up of selling pressure (NYSE TICK) and new lows. It's a bounce, but maybe only an oversold consolidation;

* Vitamin D and moods and other worthwhile readings;

* Very interesting study of a trader and his performance statistics;

* A look at Fed policy and fiscal challenges;

* Threat to Fed independence?

* Studies like this are quite valuable if you know how to use them.