EARLY MORNING EDIT - Dinosaur Trader is trying to get a story to move up on Digg...head over and Digg it. If you don't have a Digg account, it only takes a minute to sign-up...and Digg is a great site.
I am working on a mega-post explaining my new, simplified trading focus. I hope to have it up over the weekend. Until then, you will have to figure out this chart on your own (it shouldn't be that difficult):
Cisco Systems (CSCO) reported earnings after the bell and warned of continued hard times ahead. The chart of CSCO is representative of most charts, but it is still startling to look at; it has been a crazy decade and there are still 11 months left!
On a blog related note, people seem to prefer the "Random Family Guy Quote" over polls...
And thanks to everyone for all of the positive comments!
A Simple Mistake Traders Make
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