Thinking .. Ahead and Through …

Minds At Work.

Upside : Possibly One or Two more UP days left

The 9~10% correction that started after July 2nd, got quickly over within a week and upside started on July 9th.. Luckily this time I played downside and upside with almost perfect precision.

The Upside might be another day left..

There are signs of gradual accumulation happening on various strong stocks.. (not in general yet), but we need to see how that works out when indices hit their key resistance points of S&P500 : 1000 NASDAQ : 1950. Till then we’ll exit out of this ongoing upside, over next few trading days. PLus this was an options expiration week so upside was expected.

With : “Possibly One or Two more days” I mean these days could be any day of the next week and not necessarily Monday/Tuesday.

July 18, 2009 - Posted by mindsatwork | Markets and Investing | | No Comments Yet