HOLY MOLY Oil! If There Is No Intraday Reversal We Will Be In Some Trouble
Posted on Friday, June 6th, 2008 | In Current Market News, Stocks to Watch
Contributed by: Joshua Hayes (http://www.bigwavetrading.net) -
Holy crap. This is not how you are supposed to act a day after a huge breakout. I am not panicking here as there is still time before the EOD to rally. But if we don’t get a rally at the EOD. I will be looking to pair back on the longs. This is one pathetic market. It really is. I have NEVER seen a market more difficult. If someone would have told me in 1999 that it would have been like this now, I NEVER EVER would have believed them.
long: humility
short: reality
Last 5 posts by Joshua Hayes
- Following Through on Friday's Gains Stocks Stage Another Rally on Strong Volume - June 2nd, 2009
- Small Cap and IBD Indexes Lag the Major Indexes with Volume Higher Across the Board - May 29th, 2009
- Are Items That Fill Up Your House too Expensive? Then Rent Them at Aarons Inc. - May 27th, 2009
- Finally We Have The IBD Indexes Leading The Way As Stocks Rally On Heavier Trade - May 27th, 2009
- Ending in Mixed Fashion Stocks Fail to Close Out With Gains Seen Earlier in the Session; IBD Indexes Take the Lead - May 20th, 2009
 About Joshua Hayes (http://www.bigwavetrading.net)
Joshua "MauiTrader" Hayes is CEO, president and founder of Big Wave Trading Inc., a Maui, Hawaii-based stock market advisory service. Hayes is a well-respected stock picker and technician who combines fundamentals, psychology and money management to trade professionally in his own family, and friends accounts for more than 12 years on Maui. Hayes also runs BigWaveTrading.com, an online stock market commentary and stock selection service for short- and intermediate-term investment strategies using CANSLIM and other strategies. Hayes has been a contributor to Telechart as Sir Aloha, Realmoney.com, InvestorsParadise.com and TokyoJoe.com. |
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