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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (52024)1/4/2016 3:26:54 PM
From: Johnny Canuck  Respond to of 69828
 
Technically the major indices are all on sell signals intra - day on light volume. Still too early for a defined trend, but in the absences of solid news traders are selling the rumor. Typically start to the year.

For now tighten protective stops and wait for a trend to emerge. No new positions for now.



To: Johnny Canuck who wrote (52024)1/4/2016 3:34:09 PM
From: Cogito Ergo Sum  Read Replies (1) | Respond to of 69828
 
Keep in mind a lot of Baby boomers are not retiring as expected too... Yes that would be me.. but I totally changed fields... I really think going forward we will need a lot less folks looking for those old time union manufacturing jobs.. Lots more making your own job.. Then again I was self employed since 1992 and have never worked for a big corp.


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