I won't even use the word bearish just RUN, still think we could see possibly 1290 or so one last time but I am stocking up on cash for what appears to be a new bear market. The only thing that could change the bias from RUN to yippie, would be a bullish trend reversal a move above 1302 and leadership and good strong setups. Until then I am gonna do what I did all week, sell strength to anyone willing to buy the crap I owned.
Let them hold the bag for a while (not to be negative nelly but bearish and ugly is bearish and ugly)
Still hope we get more of a bounce but not holding my breathe. I'll just take whatever the market has to offer.
SP500 currently 1256 for the record.
-----------------------------------------------------------------------------------------------------------------------------------------------------
EVERY TIME WE HAVE A WEEKLY BEARISH OR BULLISH TREND REVERSAL THE MARKET HAS A COUNTER TREND MOVE FOR AT LEAST 3-7 DAYS DEPENDING ON THE SEVERITY OR STRENGTH OF THE TREND. THE STRONGER THE TREND THE STRONGER THE COUNTER TREND BOUNCE OR PULLBACK OFF THE HIGHS.
SP500 FUTURES
NASDAQ 100 FUTURES
DOW FUTURES
SHOPPING LIST STOCK PICK FOR A SWING LATER ON DOWN THE ROAD
SHOPPING LIST STOCK PICK FOR A SWING LATER ON DOWN THE ROAD
SHOPPING LIST STOCK PICK FOR A SWING LATER ON DOWN THE ROAD
SHOPPING LIST STOCK PICK FOR A SWING LATER ON DOWN THE ROAD
SHOPPING LIST STOCK PICK FOR A SWING LATER ON DOWN THE ROAD
SHOPPING LIST STOCK PICK FOR A SWING LATER ON DOWN THE ROAD
