R1 $83.83 S1 $81.85 R2 $84.56 S2 $80.60 We’re in the “no edge” zone; easy to overtrade.
readFinancials have higher to go, in my opinion. Depending on today’s close the picture may change, however, lots of positives in [[XLF]] chart: Click to
readFree video — analysis of the Dow, Nasdaq and S&P (7 minutes, by Adam Hewison from MarketClub). See potential targets where this rally can stall.
readThis is just a friendly reminder why I like to short these simultaneously. A picture is worth a thousand words: Click to enlarge
readWhat is ADX? From Stockcharts.com The ADX is an oscillator that fluctuates between 0 and 100. Even though the scale is from 0 to 100,
readI’m testing this strategy, and using [[BGU]] as my guinea pig. BGU — 100 shares, bought @ $23.46 BGU APR $25 CALL — sold @
readEvery time I get worried about the ‘Greater Depression’, I think that just about anything is going to be better than the way people lived
readSource: ProShares Ex-Div Date – 3/24/09 (today!) Record Date – 3/26/09 Payable Date – 3/30/09 If you’re holding one of these at the end of
readSource: Direxion — this is a PDF doc link Ex-div date is today. ERX, FAS, BGU, TNA, EDC, DZK, TYH, MWJ
readClick charts to enlarge $SPXA50 Normally we’d short about here or very soon, right? Beware, this can be a repeat of the Apr-Jun 2007 period.
readBased on this chart, I think it’s safe to assume SPX will close with a cliff-hanger 🙂 We’ll keep guessing a bit longer what happens
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