Suggestions for weekend reading and charts review

Here are some suggested sources for weekend reading and charts review that my readers are likely to be interested in:

More Evidence That Contrary Opinion Works (5/29/09) at Don Fishback's Market Update.

Kenny's really working his TA (technical analysis)! Including this post, VIX FITTIN' TO BUST A MOVE? (6/4/09) at Kenny's Technical Analysis Blog.

Interesting view of trendlines on the DJIA chart in Dow Resistance (6/3/09) at Putting the Pieces Together.

Great thoughts on trade execution, including use of stop loss orders, in Two Points Relevant to Trade Execution by Brett Steenbarger at his TraderFeed blogspot.

Info on options involving ETF's, and including straddles, strangles and iron condors - posted by Bill Luby in ETFs, Leverage and Strangles (6/4/09) at his VIX and More blogspot.

latvia funding crisis (6/3/09) at Decline & Fall of Western Civilization.

Closer to home (and a "funny" (im)poster image): Guest Post: Work Till You Drop? (6/6/09), by Leo Kolivakis (publisher of Pension Pulse) posted at Naked Capitalism.

China's Declining Electricity Consumption Conflicts With Party Line Growth Story (6/6/09) at Naked Capitalism.

Obama Selling Military Secrets To China For Debt Forgiveness? (Zero Hedge, 6/1/09)

The Household Driven Deflation? (Zero Hedge, 6/6/09). Including Tyler Durden's discussion of Rosenberg's chart-based presentation of the Household Debt-To-Net Worth ratio, at an all time high of 26%. Rosenberg quoted as saying: "A goodly chunk of this excess debt — bringing credit into realignment with the permanently new and lower level of household net worth — is going to have to be paid down (or defaulted on). This is the lingering deflation risk that the bond bears have yet to factor in."

Long Term View of the Nikkei Crash Which is Still Crashing (6/4/09) at Afraid to Trade. Commenting on the Nikkei long-term chart since 1980, and possible similarities with the Nasdaq. Which also happens to have some great comments about trading focus - always to trade the next swing, no matter what idea you may have of the bigger picture - because it's the next swing that matters. (Besides, if one's idea of the bigger picture is wrong, one still comes out doing well by focusing just on the next move, swing by swing.)

Gann review of Nasdaq Composite Monthly, Weekly, Daily Charts (6/5/09) by Andy Askey at his PTV-Investing Blog.