New Toys for the Stock Market Addict
I think my readers and day trading enthusiasts alike might enjoy a fun little trading signals tool available on iGoogle(tm). It is called the Risk On Risk Off Trading Signals Gadget, and what it does for market watchers and enthusiasts involves scoring on a minute-by-minute basis the bipolar swings of the global financial markets from Fear to Greed and back. It doesn’t cost anything to use and the clever little gadget makes a kind of fun way to watch the markets hap-hazard drunken stumble through each trading day.
I am not one to make fun of schizophrenia or bipolar mental illnesses to be sure, having known far too many sufferers of these afflictions. On the other hand one can not help but see the similarity between the near global correlation of risky assets’ performance on a day to day basis and split personality mental illness. This relationship or correlation between assets has been beaten to death on other sites and won’t be up for debate here. I personally hope readers get a kick out of the little risk on / off gauge and enjoy the financial markets while they still (semi) function. Who knows how long they’ll last given all the turmoil financially and economically.
Note: Neither Google nor Jim Cramer have any affiliation with this site nor the aforementioned gadget.
Google and iGoogle Gadget software are registered trademarks of Google, Inc.