Can you Say “Short-Covering Rally?”
Posted on March 4, 2009 by Adam
Hey, look: The market’s up 3%
I told you so….
Happy Trading!
Archive for March, 2009
Low Risk Bullish Setups in the Industrial Space
Posted on March 3, 2009 by Adam
The industrial goods space is INCREDIBLY oversold. To get a sense of just how much, check out the bullish percent for the group.
As I said before, I am on the lookout for a rally coming out of nowhere in stocks. It’s not a sure thing, but the probabilities continue to increase. I would like to [...]
Anticipating a Rally
Posted on March 3, 2009 by Adam
As the market continues to grow further and further oversold, the probabilities of a rally, and sharp one at that, continue to increase. It makes sense to skew your positions towards low risk bullish setups with a lot of upside potential. That doesn’t mean you should be covering all your short positions, but I would [...]
Continue ReadingThe Oil Trade
Posted on March 1, 2009 by Adam
I wanted to take a moment to discuss the world energy situation and how it applies to trading. I am, by all means, a short-term trader. However, that doesn’t mean that I can’t use a longer term outlook to make money. I think that within the next ten years an enormous fortune in energy is [...]
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Be on the lookout for an extended pullback.