I have shifted my focus to trading the Dow for safety. The Ultra Dow ETF's look good for some no brainier trades. The technicals have been some what reliable except after 1PM today or so. I am thinking that when the market comes back the focus will be more towards the larger stocks. I also think more money will be coming back from over seas and looking for a place to park. My short term thoughts are that the bad news will be followed by good news. The market may be pushed down some more but we should see a snap back rally sometime soon.
I have been watching QCOR and AFAM but I am not too interested in single stocks right now.
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The Only Easy Day Was Yesterday
FAIR USE NOTICE: I believe this constitutes a 'fair use' of any copyrighted material as provided for in section 107 of the US Copyright Law.
Excellent MACD explanation:
http://www.youtube.com/watch?v=OR8vwFv-5iU
http://www.youtube.com/watch?v=Hz4tuWGQqfo
http://www.youtube.com/watch?v=4ybk72R9_90
Great Educational Site:
http://www.informedtrades.com/trades.php?page=schoolEvil Trading
Sure is good to see you back on the board.
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a signature will be here again one day
Thanks Harold. For some reason I do not think this is what my Psychiatrist had in mind as a therapeutic activity but it works for me. I hope to be around more also. My biggest problem was I did not have stops in place when they put me in the quite room. By the time they let me out my stuff was down, way down. Now, I have to work hard to bring it back.
__________________
The Only Easy Day Was Yesterday
FAIR USE NOTICE: I believe this constitutes a 'fair use' of any copyrighted material as provided for in section 107 of the US Copyright Law.
Excellent MACD explanation:
http://www.youtube.com/watch?v=OR8vwFv-5iU
http://www.youtube.com/watch?v=Hz4tuWGQqfo
http://www.youtube.com/watch?v=4ybk72R9_90
Great Educational Site:
http://www.informedtrades.com/trades.php?page=schoolWelcome back!
Sounds like you have a good plan. Don't feel bad, everyones stuff is way down....we're all feeling the pain.
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Disclaimer: Any stocks I comment on are my opinion only. Play the stock market at your own risk!
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Hopefully we have seen the blow out bottom today.
__________________
The Only Easy Day Was Yesterday
FAIR USE NOTICE: I believe this constitutes a 'fair use' of any copyrighted material as provided for in section 107 of the US Copyright Law.
Excellent MACD explanation:
http://www.youtube.com/watch?v=OR8vwFv-5iU
http://www.youtube.com/watch?v=Hz4tuWGQqfo
http://www.youtube.com/watch?v=4ybk72R9_90
Great Educational Site:
http://www.informedtrades.com/trades.php?page=school