Tuesday, March 18, 2008
Monster Day.....!
Posted by StockDog at 6:07 PM 0 comments
Tuesday, March 11, 2008
Short Term Bottom
Posted by StockDog at 9:28 PM 0 comments
Sunday, March 9, 2008
Almost There......
Not much to report right now. The markets are obviously in bear market mode so any longs are tough to enter. I do see the we are at oversold areas that soon will make the markets bounce strongly. I would start to look to exit any short positions very soon. After we get that first day of a turnaround, I will post some stocks to go long. Right now I think we should all wait for confirmation.
Posted by StockDog at 10:24 PM 0 comments
Thursday, March 6, 2008
Where Are The Markets Going?
It seems that there's no end to the selling. We just can't get enough bad news lately. Tuesday's rally was just another feeble attempt by the markets. "Where's the bottom?" traders keep asking. We are retesting recent lows and if the bad news don't stop, we could see a break from those lows. Bear markets are a necessary evil that's needed to establish a new trend and bull market. If you can't day trade or are not willing to keep an eye on your stocks, then cash would be best. One strategy that you could use is to wait for the markets to be at an extreme reading and then go with the trend. Right now the markets are somewhat oversold and could be getting ready to reverse the short term trend. What that means is that if you want to buy low and sell high, this could be the opportunity. However don't expect too much profit. Just a quick couple of points just until the markets get overbought once again. Next week we are bound to see a nice bounce up if not tomorrow. Remember to buy only the strongest stocks such as the ones that just posted great earnings.
Posted by StockDog at 10:42 PM 0 comments
Tuesday, March 4, 2008
Odd Markets..........
Not much to report today with the markets doing odd behavior once again. It doesn't matter if you were a bull or bear today, if you aren't day trading you can't stay long in this market. I personally would like to see 1 or 2 more days of selling to get this market into very oversold areas. If it can do this, then it would be ready for a big bounce. As of today the markets are a bit oversold. If we can get this selloff I feel it's coming, then almost any stock you follow will probably rally.
Posted by StockDog at 10:05 PM 0 comments
Monday, March 3, 2008
Tuesday's Oil Pick
Posted by StockDog at 9:17 PM 0 comments
Wednesday, February 27, 2008
Today's Lesson
Posted by StockDog at 10:03 PM 0 comments