This StockTiger.com commentary video shows several candidates for break out or short sales for at least short term gains by buying the break (or selling the break down) on good volume and closing at least some on the first day.
inthemoneystocks
InTheMoneyStocks.com looks at key trend line analysis techniques on the LIVE SPY charts to give them a sense and give their followers a better understand about how to educate and become the elite trader/investors/swing trader. They analyze the charts, showing how to get these key trend lines and discuss the markets price, pattern and time values. InTheMoneyStocks.com continues to educate and guide some of the top Wall Street players in market guidance and analysis. They look to continue to educate, teach and guide the average investor and trader to give them the same edge all the pro's have. Enjoy and start enlightening yourself so you can become one of the elite. Join the Research Center at www.InTheMoneyStocks.com to begin to learn the keys to profitable trades. Get key pivot points, turn dates, support/resistance levels on the market, gold, oil, 10 yr and US$. Get a pro trader watch list, daily market report, technical analysis videos, educational videos and more. Also, get on board with your piers to start learning in their next webinar on March 14th, 2009.
buysellshort
thermal1
u05ikoren
We look at the SPY and VIX to determine where the markets are headed next. Today could have been a short term bottom, especially because an inverse head and shoulders on the 60 minute SPY is forming. Nevertheless, a false bottom is what is needed in the market to bring us to new lows. We have underestimated the power of a 3rd wave in the market before, and we won't again. We put in a trade Long XLF and Short QQQQs yesterday, and that provided us with great upside. That being said, we believe that going overall short on the market will yeild nice gains in the longer term (1 week-2 week) time frame, although a potential continuation of a consolidation could be at store for the next 3-4 days.