All About Trends Subscriber Mid-Day Update
Courtesy of David at All About Trends
Yesterday we took a break from the indexes in this space and today we now return you to your regularly scheduled programing of indexes going nowhere.
Notice how all we’ve done since is bounce up to FILL THE OPENING GAP? Sure isn’t a positive for higher prices.
With regards to the leaders, it’s all about those who got hit with the stealth crash in the cloud nine names as those are catching a bid today and those who have been on a tear recently seem to be getting their turn. Names like CAT, DE, CMI, BUCY, JOYG and CLR all seem to now be taking their turn to the downside. The stealth fighter crash names are getting dead cat bounces . So one could say it’s a tale of two tapes here.
So what’s one to do? We’ll revert back to our tried and true centering statements to make sense of it all. They are:
On the SHORT SIDE — What Do I Need To See To Make Me Take A Trade
On the LONG SIDE — What Do I Need To See To Make Me Take A Trade
******
To learn more, sign up for David’s free newsletter and receive the free report — “How To Outperform 90% Of Wall Street With Just $500 A Week.” David’s offering PSW readers a Special, two months at $10 a month. – Ilene
*******
If signing up for Randy’s free webinar on options strategies (from Schwab), they require responses of $250K or more assets to invest and 36 or more trades per year.
