Dear Friends and Visitors,

I started slowing down lately on my personal blog because I have launched another dedicated blog where I will give the time I used to spend on this blog to the new one. That why I will be barely posting new stuff here, but I will do my best to keep on posting few from time to time.

I am sure you want to know about the new blog, it is called www.LEBtraders.net, Lebanon’s online community network of online stock traders, where Lebanese traders can connect with each other and share technical analysis, trading ideas, news and views, create blog posts and upload charts.

I will do my best to build this community network the proper way, you are welcome to join, chat and even post to the blog anything related to stock trading.

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January 2nd, looked to be a great day for many traders, the Dow closed above 9,000 and it was a good start, bull market and looking for a prosperous 2009, then something went wrong for the last 4 weeks and the Dow got many times under the 7,000.

Yesterday, a midday drop in the dollar has led to a shy rally in stocks.

Traders are nor afraid neither stupid, they are just poor. They spot patterns. They do it again. They do it until…it doesn’t work again.

The bulls game plan for a rally. Let’s see !

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