market commentary you can use... none you can't

Thursday, May 24, 2012   Welcome Guest  |  Register  |  Sign In

Now Featured on Greenfaucet

Is the Market Following a Script?

BY DAVID GRANDEY | DECEMBER 19, 2011 | 10:48 AM | 0 COMMENTS

Is the market following a script?  If it is you had better be prepared.  Here is what we mean.
 
Here is a chart of the nasdaq Composite from 2000.
 
 
Notice the 5 waves down led to 3 waves up and then it was all downhill from there?
Well fast forward to a current chart of the nasdaq composite.
 
 
 
Look familiar?
 
Currently we’ve been spending a lot of time getting our subscribers reaquainted with short selling via individual high probability short sell patterns and the art of short selling.  This includes  buying inverse ETFs, in addition to shorting
individual stocks.  For us, its all about being prepared in advance.  The last thing one wants to be is a deer in the headlights if we continue to follow the script.
 
Whether you go to cash to protect yourself or use future market developments as an opportunity to profit from, don’t you think you need to be prepared in the event something like this were to occur over the next 2 months or even less?
It’s your choice.



Comments (0)  |  Related Topics  » |

Post new comment

Please solve the math problem above and type in the result. e.g. for 1+1, type 2
The content of this field is kept private and will not be shown publicly.
  • Lines and paragraphs break automatically.
More information about formatting options
 

FREE NEWSLETTERS

Trader's Talk

WEEKLY FLOW

MOST POPULAR

24-Hour |  48-Hour |  7-Day