ANOTHER BEARISH DAY FOR BEARS.. HOPE YOU ALL HAVE MADE SH**T LOADS PF $$$$$$$$$$$ from the swing strategy
MAY GOD BLESS ALL MY BEAR MATES
GOD has blessed indeed
Thanks Iraj for showing the way.:clap:
Hi friends the Indu daily now shows -84....Indu o/s in a few timeframes...I need to be careful about the news spikes....
Happy Trading!
Raj
opps for some reason the link which is a U tube link not working
I have had people emailing me now and they are up any thing from $3000 - $15,000,,, Not bad at all ,,
TMA down another 50% to day . We shorted this stock in SEP 2008 with FIBBO when it was trading around 12ish now trading at 1.80
Why did TMA collapse,, simple ,, poor fundamentals
Just a note ,, DAILY MACCI is getting OS again ,,, reduce your postions and let market correct and then short again ,,,
S&P is at a critical level If this level is broken then the next leg down is massive,, No one has a doubt that we are in a bear market,,, Most CNBC analysts begining to realise this but they only wise up when things are too obvious.
I am a bear as you all know but I feel the bearish ness is not going to be over extended to next few years and be only a few month term..
SO ,,, be ready to do some bargain hunting and double your money when every one is selling ... I will post my techncial view when I go long . I have to be better than an average WALL STREET trader because he spends other people 's money and could at worse lose his job but I will lose my kid's Money If i am wrong ,,
This tune is for those shorters who are way ahead of other traders lol
YouTube - CRAIG DAVID-RISE AND FALL
Iraj
TMA down another 50% to day . We shorted this stock in SEP 2008 with FIBBO when it was trading around 12ish now trading at 1.80
Why did TMA collapse,, simple ,, poor fundamentals
OK, these are the weak list stocks, that are showing technical weakness in relation to the market (INDU), based on the Iraj N change)
the INDU is heading O/S on dailies so no trades yet (will wait for INDU to go to previous turn level)
I'll up date the tech. weak stocks nightly
Glen
If you are thinking of opening a new short portfolio you MUST short them when market is spiking UP .. you short when every body is buying
Grey1
Ok don't have a whole lot of faith in the data but here's my take on which stocks are showing weakness in relation to the market tonight
Can anyone give me a check on the INDU figures??
cheers
glen