THIS SMALL RALLY MAY BE TAKING A DIGGER

I am watching this whole market probably taking a digger after trying to rally. That being said, I have been wrong. This rally has tried to pick up some steam, but I am just not as confident as before.

I am going to short the market by buying the QID. What? How can you short the market by buying stock? Well, in all actuality, QID is the reverse of the market. Since I believe the market is going to go down, this exchange traded fund (QID) will go up. The QQQQ is below its 50 day moving average and trading volume is not as strong as selling volume. My personal belief is that the market is creating a Bear Flag. Google that and you will find out what that is.

So I am going to protect my portfolio by selling some stocks during this rally and buying QID.

Good luck trading.

JD

BUYERS CONTINUE TO SHOW THEMSELVES. PATIENCE IS A VIRTUE

So I am looking at buying in on STJ due to a bullish MACD crossover.  

I am going to be watching WM to add more shares in the drawback in low trading volume after a breakout.  Targeting the $15 range which is near the 50 day moving average.

CG is gone.

GOOD LUCK TRADING.

JD

NEW BUYS POPPING UP AFTER THIS BOUNCE UP

Buys today include AMAT, SYMC and XLNX. If you didn't get in on BOBE, it is sitting around another buying opportunity.

Waiting for CF to take a digger as it is a stock to "short."

Good luck trading.
JD

YUP! LOOKS LIKE ITS GONNA HOLD

APOL and BOBE are buys.

CF looks like a sell/short opportunity.

Good luck trading.
JD