Sunday, April 18, 2010

GOOD START

We have what looks to be a change in sentiment, still, I advise you keep your positions reasonable until we get solid confirmation. I listed quite a few ETF's, but no stops or targets yet, I want to see how things develop, but these are selected for the maximum potential profits.

The other trades are decent looking as well.

As always, in a situation like this (uncertainty), I would say buy your position in 1/3's.

We'll see this week if this is the real thing, but volume Friday showed us a commitment on the part of traders we haven't seen in months, maybe a lot longer. Be ready, be cautious.