I Highly recommend reading the last 3-4 posts at www.Trade-Guild.net , especially the last one tonight.
There may be a great opportunity tomorrow to finally break this stalemate in the market the last 3 days.
Take a look at tonight's trades, I like them all especially the longs, but remember, under $5 is speculative and you need to use appropriate measures in your risk management.
Keep a special eye on GS, GOOG and AAPl for opportunities (a couple of possible false breakouts that could move down rapidly)-most have been on the lost the last few days so be sure to review the notes and email me with any questions.
Good luck!
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago