Befriend the Trend Trading Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Befriend the Trend Trading

SPY 671.91

0.0%

Nov 14 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Dr. Stoxx who wrote (5935)	1/3/2000 3:39:00 PM
From: Dr. Stoxx	Read Replies (3) of 39683

LET'S START SHORTING: BTTT works in both up and down markets. Since we are likely to be in for a choppy ride, if not a major selloff, in the next few weeks, let's start looking for shorting opportunities. Here is a classic chart. This is what we want to see: ETYS...suffering some might pre-Christmas e-tailing woes: a) lower highs in succession (lower lows help but are not necessary) b) a rally that sends Stochastics to new highs c) continued selloff that creates a Stochastic sell signal (%K cross from above 75 level) See: 207.61.23.98 Would have worth 50% gain in about one month. At the same time, the Naz is hitting all-time highs! TC.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next