Actually the song title is "

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Here we are again, the weekend.  Does it seem like the weekends are coming faster than before you started trading, it does to me.  I still love the weekends but its for a different reason now a days.  I get to dedicate my time to studying and not have to think of the trades I might  be missing.

The market ended the week in the green and not just in the green but really green, for us longs that is good but on the flip side I wouldn't mind a deep pull back, we are quite high in the market and as the old saying goes, what goes up must come down.

I didn't take any trades this week but I did get close and I learned more about my technique of charting and a few adjustments that I needed to make.  During the red times I was able to still find some long plays so even though the market is bleeding there are still opportunities for longs you just need the right geiger counter settings but you also need to be extra cautious.

Talking about opportunities I have noticed that when the market is red some of the higher priced stocks seem to perform better, I have not taken the time to investigate that anamoly yet but I will someday for now I need to stay focused.

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What does the weekend hold for you, do you have a plan each weekend for your studying.  I am going to go over my WL picks and scrutinize them one by one. I am looking for how price was reacting to the sentiment of the market not sure what I am actually looking for but some times when you gather small nibits of information and then compile it all together many times a pattern will form so you can see it.

Every watch list I post I add to my master watch list, it is huge.  I check my master list daily to see which stocks are hitting the top of the list and I check those to the one's that have hit my scanners. Most of the times the top master list stocks are not in any of my scans and I find that a little peculiar because if they are up on the day why aren't they being caught in a scan, makes one ponder.

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Has anybody else noticed the number of new so called penny stock mentors, gurus, teacher have recently popped up.  I came across a few of them on facebook and youtube and it seems like they all came from the same mold.  Telling you that they can teach you how to make money trading penny stocks and it's real easy to do if you follow their strategies, Whaaaaaat can it be true, have I been following the wrong guy all this time.  This Sykes guy keeps telling me I need to study more and this other guy pretty much says I don't.

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Think I am going to start off the weekend with a Video or two.