Showing posts with label buy stocks. Show all posts
Showing posts with label buy stocks. Show all posts

Thursday, September 11, 2008

DIA- SPY- major ETFs are showing a complete Trend Reversal today

On Sep 5th we had a REVERSE buy signal. That lows are not broken and today we have our favorite U TURN Buy signal. The market opened lower but it managed to close strong.
This just shows that despite negative sentiment, there was very good bottom fishing/purchasing in the market.
So IMO it is time to ride the market with stop loss at Sep 5th Lows.


DIA- SPY- major ETFs are showing a complete Trend Reversal today

Tuesday, July 15, 2008

Reversal in stock market at last? Possible time to buy stocks

As per PROFIT FROM PRICES theory, today there are nice reversal buy signals:
* The recent sentiment is very bad.
* Today market and most stock opened with a big down gap and many of them are trading in positive territory right now.
* Volumes today (and over last few days) are distinctively higher.

Here is a chart of Dow Jones Ind average:


Financial stocks and airlines are showing strong U TURN buy signals today

Monday, May 12, 2008

Motorola (Stock MOT) is resting on 200 day moving average

Have not studied much but saw MOT above 200 days moving average after a long time.
Looks like a good entry point with a tight stoploss just below 200 days moving average.

What is wrong with my trading? The other me who keeps screaming inside me that the market is too risky. It is about to crash!!! It is actually killing me instead.

This all started in 2020. Two of my accounts were reaching 7 digits and I wanted to go all cash once they crossed that benchmark but I was 3...