Narrow Edge Trader/ Stewie's Trading Blog

Welcome to the 'ghettoest' trading blog on the internet. Trading is a never ending learning process and that's what makes it so fascinating. I will try and blog about my trading method and techniques that work for me. I have been trading for over 10 years and trading has been my full time job for 4 years now. This Blog is for my own personal growth and to track my progress as a trader, if you find it helpful to your trading then I am more than happy to help. Good Trading!

Sunday, August 12, 2007

Bearish Newsletters/blogs

I am reading a ton of bearish projections for the markets from various popular blogs and newsletters (including Dan Zanger). I cannot help but say that they could be on the wrong side of the trade.

Signs of a Bottom. Analysis by leavitt brothers

They called the top. Why not the bottom?!

http://www.screencast.com/users/LeavittBrothers/folders/Default/media/9f90634b-cab7-4077-878b-e3fbe67a9f84

Expect a Very SLOPPY MOVE HIGHER NEXT WEEK.

This is perfect scenario for this new method(scalp shorting) of trading introduced to me by fellow wallstreaker StreetSmack. We will see short squeezes followed by failed breakouts/breakdowns. A sloppy move higher next week.