Tim Knight tradertim.blogspot Technical Analysis and charting site with a heavily bearish bent...
Tim Knight founded Prophet.net, considered by Forbes and Barrons to be the #1 technical analysis site (sold in early 2005 to INVESTools, where he is the SVP of Technology now). Tim has been trading actively since 1987 and focuses mostly on option positions. He is a dyed-in-the-wool technician, leaning heavily on marked-up charts for his analysis.

Nov 21, 2008 - A friend of mine sent me this graphic I hadn't seen before; it shows the annual...

A friend of mine sent me this graphic I hadn't seen before; it shows the annual performance of each year of the stock market. (I've had to shrink the graphic, so the years are a little tough to read, but you'll get the idea). On the extreme right are the handful of blowout bullish years, such as 1954, in which the S&P returned from 50-60%. In the middle are the vast majority of years, which yield 0-10%. And on the extreme left, there was only one year - 1932 - that had the distinction of producing a negative 40% to negative 50% return. Until now. Thus far, 2008 is now joining its buddy 1932...........amazing.

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...thanks for the trust you've shown in MrSwing.

by Tim Knight - http://tradertim.blogspot.com
May the Bears be with you...

I am the Author of Chart Your Way To Profits:
The Online Trader's Guide to Technical Analysis
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Disclaimer:

Please note that charts and commentary provided by the moderator are for educational purposes only. Any trades placed upon reliance on the moderator’s charts or information is taken at your own risk for your own account. Past performance is no guarantee of future results. While there is great potential for reward trading stocks, futures and options, there is also substantial risk of loss and you must decide your own suitability to trade. Future trading results can never be guaranteed. This is not an offer to buy or sell stock, futures, options or commodity interests.

Most trading systems are based on historical formulas which have worked in the past. However, what has happened before may or may not happen again. You can lose all your money trading stocks, futures, and options and you must decide your own suitability as to whether or not to trade. Only trade with true risk capital you can afford to lose. Only trade markets you can properly afford to trade. Properly funded trading accounts typically perform better than those that are not. Never risk more than 2-3% of your account on any one trade. Always define your risk before entering a trade and place a stop to limit your risk.

There are no guarantees or certainties in trading. Trading involves hard work, risk, discipline and the ability to follow rules and trade through any tough periods during a system’s draw downs. If you are looking for a guarantee, trading is probably not for you. Most people lose money trading. One of the reasons is that they lack discipline and are unable to be consistent. A system can help you become consistent. Ironically, worrying about the monetary aspect of trading can contribute to and cause a trader to make trading errors. Therefore, it is important to only trade with true risk capital.

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