Live Update

Wednesday, August 4, 2010

08/04/2010 After Bell Quick Summary

The bottom line, the short-term trend is up but I hold no short-term long position overnight. (Short-term long is different from the SPY ST Model long which is for intermediate-term, don’t get confused.)

ISEE Indices & ETFs only Index closed above 100 implying that retailers are way too bullish, short at today’s close, hold a day or two, there’re 69% chances you’ll get away with some profits.


blog comments powered by Disqus


The information contained on this website and from any communication related to the author’s blog and chartbook is for information purposes only. The chart analysis and the market recap do not hold out as providing any financial, legal, investment, or other advice. In addition, no suggestion or advice is offered regarding the nature, profitability, suitability, sustainability of any particular trading practice or investment strategy. The materials on this website do not constitute offer or advice and you should not rely on the information here to make or refrain from making any decision or take or refrain from taking any action. It is up to the visitors to make their own decisions, or to consult with a registered professional financial advisor.

This websites provides third-party websites for your convenience but the author does not endorse, approve, or certify the information on other websites, nor does the author take responsibility for a part or all materials on the third-party websites which are not maintained by the author.