Posted on May 3, 2009 by Adam
Out of all the indicators and oscillators available to swing traders these days, few are as widely accepted and revered as the marvelous MACD. The MACD, which stands for “Moving Average Convergance and Divergance,” is used to guage market posture. This indicator can help you determine whether or not a particular stock is overbought or [...]
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Posted on April 23, 2009 by Adam
Where is the market going to go next week? If I had to guess, I would say down. Earlier this week we broke an important upward sloping trendline, which was coincident with a Point and Figure sell signal in the S&P 500. That was the first sell signal since February! The price objective of this [...]
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Posted on February 19, 2009 by Adam
I’m looking to short into a rally today, because I don’t think a rally will last very long. I think withing a couple of weeks we will be making new lows. Today’s strength offers a good chance to get short some stocks that have been weak.
I put ESV on the watchlist this week, as it’s [...]
Be on the lookout for an extended pullback.