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My work says the market is still headed lower.


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#1 saltlake

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Posted 26 December 2006 - 12:49 PM

Got sells on my daily qqqq, aapl, rimm, goog. Just thinking out loud

#2 dcengr

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Posted 26 December 2006 - 12:54 PM

Got sells on my daily qqqq, aapl, rimm, goog. Just thinking out loud


Can you elaborate on your work or post a chart for us? Would appreciate it. I'm short several of what you've named as well
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#3 Bob-C

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Posted 26 December 2006 - 01:08 PM

Got sells on my daily qqqq, aapl, rimm, goog. Just thinking out loud

Hi saltlake, thanks for the information. :) Do you have any sell signals on SMH, SOX, INTC, MOT, and /or TXN?

Good luck on your trades. :)

Cheers, :)

Bob-C
Disclaimer: None of my posts are meant to be taken as investment advice or trading advice. Do your own due diligence and consult your financial advisor before making any trades or investments.

#4 arbman

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Posted 26 December 2006 - 01:11 PM

My stuff also says that this will be a lasting bottom either, mostly due to the bottom picking in the option market and the rising option premiums. All of the premiums went up despite the higher prices today...

#5 saltlake

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Posted 26 December 2006 - 01:32 PM

Dcengr, I use a trend trading system that I came up with. Its really to simple but for now I would like to keep it to myself. Its not perfect but if you apply sound money management and take every signal it works out well. The system will catch every big trend in any stock or commodity but you have to be willing to take some hits(whipsaws, small losses) Bobc. All those named named above are on daily sells. Mot and Txn from much higher prices ;)