I’m happy to say that two years ago this weekend, Allstarcharts was first born. What started as a daily email blast to friends and family throughout the 2008 financial collapse turned into this Technical Analysis blog read around the world and published throughout major media outlets. Most importantly, in my opinion, the blog has become a part of an even better, more spectacular universe of unbiased financial bloggers with something to say. That’s probably what I’m most proud of.
So I’d just like to take a moment to say Thank You. Sometimes this market likes to mess around with our minds, and this blog has been a nice outlet for me to share what’s going on inside this technician’s brain. Whether it’s right or wrong, I think you guys can tell that I’m writing from the heart, expressing what I really feel. Over the years I have received countless emails and comments thanking me for my work. And let me tell you that it really means a lot. I don’t know that I could have kept this blog going for so long without such incredible feedback from readers around the globe. So I’ll say it again, Thank You.
I’m going to try my best over the next year, two years, and hopefully beyond, to continue to write honest opinions about market behavior. I think I’ve done a good job of staying true to my discipline and being consistent in my approach. Nothing worse than hearing a technician preaching PEG ratios (whatever those are). If you guys ever see me getting away from my area of expertise, I know you’ll let me have it. Which is what I love about the blogosphere. No BS. We tell it like it is. As readers (myself included), we have to appreciate that.
So I decided not to go into a rant about how many visitors come here daily or where I’ve been published over the last few years, or how many new investors I’ve acquired. That’s not what this blog is about. Allstarcharts is about sharing thoughts about current price behavior. Period. I try to express my thoughts using a variety of different tools and time frames. I like to share other people’s work as much as I can when I feel that someone somewhere else is making a valid point that perhaps I either missed or failed to comment on. So I’ll do my best to keep that up.
Another goal that I’ve had for the blog is to clear up a lot of the misconceptions that people have about Technical Analysis. Like I’ve said before, we’re not just looking for head & shoulders patterns and drawing lines on paper. This is about bringing together price behavior across asset classes in a way that can help us manage risk as best we can. That’s it. I’ve written about this before and gone into much more detail, but I’ll do my best to keep that message going throughout the lifespan of the blog. I promise.
And finally I just want to say that one of the best parts about being a blogger has to be the friendships that I’ve made over the years. Whether I’m in Chicago, or Los Angeles, San Francisco, Texas, Miami, it doesn’t matter. I meet readers and other bloggers everywhere I go. This week in New York there’s going to be a huge technical analysis extravaganza as guys like Greg Harmon, Ryan Detrick, Derek Hernquist, and a bunch of others come into town at the same time. This is what I’m talking about. Friendships that have only been made possible because of the blog and the tremendous universe of market participants sharing that I’m proud to say I am a part of.
So here’s to another year charts and friendships!
Thank you so much for reading.