It Is Early
Source: http://alphatrends.blogspot.com/2008/11/it-is-early.htmlPosted on Wednesday, November 19th, 2008 | In Technical Analysis Videos
Contributed by: Brian Shannon (http://alphatrends.blogspot.com) -
but the action is encouraging so far. We still have a declining 5DMA which means the rally attempt has to be treated with caution (tight stops and reasonable share size) but if it can recapture and stay above the 5DMA, the market could get going nicely. I am cautiously long.
Last 5 posts by Brian Shannon
- WIngsuit Flying - November 30th, 2008
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 About Brian Shannon (http://alphatrends.blogspot.com)
Brian Shannon is a full time trader who shares his market experiences on the highly popular alphatrends.blogspot.com site. Alpha trends has been called "the youtube of technical analysis" by Technical Analysis of Stocks & Commodities Magazine (March 2007) and has been praised in Barron's (October 23, 2006) and Active Trader Magazine (July 2007). Brian trades an account at www.worldcupadvisor.com since March 2006 and in that time has more than tripled the results of the S&P 500. He can be reached at alphatrends@gmail.com |
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