- November 18th, 2012Boom Boom Stocks
Evening folks! Market down again last week. As of right now everything we see points towards lower prices as the price action/patterns are all still bearish. We did see a couple things on friday that a little bounce might be brewing with the reversal in $aapl & the strong relative bounce in the rusell2k $rut.x . All in all it could just have been some opex short covering. We wont know till tomorrow but there were at least the first signs in quite a while that people wanted to buy some stocks. As of right now this market is guilty till proven innocent its going to take a lot of time and repair to the indices before we can say that we are out of the woods and we need to trade accordingly absent of some catalyst/news to boost us back up.
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on video giving the alerts live and talking through the setups and what we are seeing. If you want to learn having alerts is great but getting explanation
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I did ok last week. mostly a lot of scalping. I gave up a lot of gains by not being aggresisve enough with some of my positions but the good thing I did do was make sure I kept almost all of my losses pretty small minus a trade or 2 that got away.
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