Trade School For Beginners... Day ONE

BEGINNIERS ONLY .. S&P 500.. Class 101 ....Day 1

Between now And the First of the Year We will Study The S&P 500.

So by the time Things Really Get Rollin again ....YOU ...Will be ready to..

Trade The Market with the Wisdom of the TAO.

Now Most Big time Traders Will think this stuff is a Bit Hooky. But ....They Have already made all the money so there's probably not gona be any left for the rest of us...anyway.

There are Zillions of Bucks out there, and I'll Be Happy to Share the Crumbs with all of you.

OK Let's get started.......

WHAT is the Standard and Poor's 500 Index? (S&P 500)

Simply put...you average the value of 500 companies each worth over 10 billion Dollars...

It is used as a Weather vain to Gage the overall Health of the economy. Kinda like a daily Weather report.....And we all under stand Weather......It Changes all the time....But always stays in a seasonal range....just like the stock market....the Index is a relative number to the total of all 500 companies considered....right now the S&P 500 is at 1489.42

The S&p Report Doesn't mean much to most people, but if you have money in the markets.....its a way to compare every thing else..... a place to begin...a point of reference.

Now to the Chart.....This is a chart of the S&P over the past 70 years....

1. First Question class....which way is it going? ( up or down)

2. From 1930 to now, how many times did it reverse direction?( count #___ peaks some big some small) about 14 -16 times

3. what dose the top look life it's going to do next? (up or Down)

Fortunes have been made and lost on each one of those little Peaks and valleys.

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That's the lesson for today.....if you want to read more ...start with Market Trader Tao :ONE.

Market Trader Tao

Lesson 1:

"There are Thousands of Stocks , Thousands of Terms And
Thousands of Experts.

All designed for and desire to make Money yet desire less of your personal
participation.

in other words... it makes no difference to the
market if you're in or out, make money or lose .It doesn't care if it
knows your name or you know theirs.

Yet it exists for one single purpose......to make
someone MONEY

Herein lies the Pivot point the fulcrum if
you will...

For every dollar made, there is a dollar lost and for
every buyer, there is a seller.

These Two Spring from the the same source... "

NeboXian