Jan. 26.08 :: Stock Market Review Using Technical Analysis

www.FreeTradingVideos.com :: The Standard and Poor's 500 index is giving us a SHOOTING STAR reversal pattern.

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Howto & Style

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• analysis
• candlestick
• charting
• charts
• forex
• futures
• japanese
• options
• shooting
• star
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• trading

[zozo71zozo71]

you are worng this time.

the market is very weak.

nasdaq resistace 1500.

i think now the market is very very dengurus.

even maybee i will take short postion

[ds3v3n]

I just call it like I see it in the charts. Can the S&P test 800, 750, or even lower? SURE...the markets can do whatever they want to (regardless of our opinion)....But so far what we're seeing is a higher swing-low---to ignore that can cost you a lot of money. Again, let the charts do the talking and try to keep one's own opinion out of the mix. It's a hard lesson to learn but once you learn it great things follow.

[doubletrig]

The past week has been a very hard environment to trade in.

[ds3v3n]

Indeed it has......since November actually.

[zozo71zozo71]

yes ok

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[a012345]

I took pretty quick gains on it too but not as much as your did. I got in at 50 and sold at about high 53s. Market too volatile to hold for longer than a day.

[maximumvalues]

bot srs yesterday at the close $48.01...buy when sellers sell out of fear

sold 1/2 at end of today for $55 :)

[a012345]

I have no idea why SRS is getting crushed right now. All you hear is bad news about REITs. Although, SLG's earnings for the quarter seems decent but I don't quite trust their numbers.

[maximumvalues]

proud to say im now only 98% short via direct equities. no broad market and no triple bear ets like SRS. guess im becoming more neutral :) not quite in the bull camp yet. by the time i am i wont profit from it...but thats ok.