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"I've had more time to digest your site and it is even better than at first glance." -- Gary Smith, Author Of "How I Trade For A Living", August 12, 2005
"Alchemy Of Trading is a bit different from those we've reviewed before although Stephen Vita posts plenty of breaking market news and related charts. Vita, who has an MBA and has been trading professionally for 15 years, presents a stream-of-consciousness in his multiple daily posts...also shares commentary on his own portfolio and trades...a better tool for experienced investors who can blend this conversation in with their own studied experience." --- Barron's, March 7, 2005
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Excerpt From Alchemy Live Daily Feed 5/28/09
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1:10 For example, those Retailers I showed yesterday, many on the verge of breakouts, are getting pole-axed today....if I had any sense I should have doubled my position in the Oil Service/Drillers group, but I'm afraid of big positions in anything
1:07 How do you equip a person to trade these markets, these weird, thin, and volatile markets (talking equity market here), if they are entering into the abyss for the first time? You can't. When my dog starts doing brain surgery maybe it will be time. Of course the currency market is the biggest and most liquid of any, but the intraday volatility there is getting out-of-hand -- stocks are making the currencies dance at gun point
12:52 Treasuries are down again.....Bernanke has a huge problem....not coming in and saying that they are going to triple the Fed's buying of T-Bonds tells me that they're either morons or have another agenda
Watch This 5/27/09 9:30 AM
9:27 If you get a move through the consolidation to a new high, then it falls back below that high it will be a Trader Vic Sperandeo "2B Sell"
