Winner, Winner

Interesting video on yahoo on blackjack and trading.
Go to this link to see it.
Jeff Ma on Yahoo
One thing he said which struck a chord with me was "people are more impacted by a loss than by a win". Meaning, you are more negatively impacted by a LOSS of $1,000 than you are positively impacted by a WIN of $1,000. So, your wins should always be more than your losses to maintain emotional equity.

Mid-Term Elections

Bloomberg Business week for July 26 reports that "The Standard & Poor's 500 stck index has advanced 15 percent on average in years when there was a Democratic President and REpublican majority in Congress. In 1994's congressional elections, Dems gave up their majority in both the Senate and House. This was followed by a 34 percent surge in 1995 in the S&P's.

Upside target achieved in Euro Currency

The upside target projected by the neck line break of the Head and Shoulder's bottom formation has been reached. It is denoted in the chart by the top of the BLUE line. Recent action has shown an extension high. It this an Upthrust and a short opportunity?