Posted by dallassteve on 21st of Jul 2010 at 11:59 am
I subscribe to Wall street window, but I did not read it today!
Thanks for the heads-up. Mike does longer term
analysis. He does not like short term trades. He might
be getting in a little early, and I guess he knows this.
In contrast, Sam Collins at Investor Place pointed out the DOW
downtrend line at 10,350 and pointed that out as a good shorting
point.
I am mostly in cash, and short GDX and SWC. They were in
the money yesterday morning, and I wish I had taken the quick
profits. Let's see if the GDX mechanical system short signal
has room to run. I think it does, so I am holding on.
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Posted by dallassteve on 21st of Jul 2010 at 11:59 am
I subscribe to Wall street window, but I did not read it today! Thanks for the heads-up. Mike does longer term analysis. He does not like short term trades. He might be getting in a little early, and I guess he knows this.
In contrast, Sam Collins at Investor Place pointed out the DOW downtrend line at 10,350 and pointed that out as a good shorting point.
I am mostly in cash, and short GDX and SWC. They were in the money yesterday morning, and I wish I had taken the quick profits. Let's see if the GDX mechanical system short signal has room to run. I think it does, so I am holding on.