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.

Russell 2000 weekly


DEJA VU!


NDX weekly on Support


Sloppy Double Bottom


A Double bottom with price div. will lead to a sloppy corrective move higher next week.