Recent Blogs Posts

Originally Posted by coolhand

The bulls finally bounced the market today. There is no way to really know if the market has bottomed so I'd not bet on it unless you're positioning yourself for a possible launch (or at least bottom) over the days ahead. Some rallies can manifest quickly and go deep, just like declines. NAAIM is straddling the market between neutral and bullish positions. They are definitely not bearish.




Not much to

...

Stocks took another pummeling with the Dow dropping nearly 1000 points on the day, and 3% - 4% losses in many of the indices. There was very little attempt by the bulls to do any buying. The next week ahead of us is going to be packed full of news and events and the market could do anything, and that makes it tough to keep emotions out of trading. Normally buy low, sell high, is a winning mantra, but as we saw in March, low can get really low a times.


Welcome back to the ...