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Tuesday, February 24, 2009

Extremely Oversold

Time to take some fat profits on those short positions and tighten up on those trailing stops. While there may still be that final rinse, this leg down is getting tired. A counter trend bounce is in the cards.


Anonymous said...


Anonymous said...

Waiting for the 'spring".
PS gold's down again in London,says Bloomberg.

maximus said...

Long time follower, first time poster. You helped with today's call--so I thought I would thank you and post about it--if you don't want my blog mentioned here please remove. Thanks again. Maximus

not a stock picker but couldn't resist this one--and it worked!

Julius Caesar called todays bounce in the stock market (really, he did).
who knows what tomorrow brings--

love your blog Ninja (it will be a "best" on my blog soon) -- hope you like mine....