Today I took a shot at creating my first Squidoo lens. For those of you who are unfamiliar with Squidoo, a Lens is a web page that is highly focused on a specific topic. There are easy to use tools that help you quickly develop a content rich topic and widgets that gather and update [...]
The DOW made a nice turn around today, bouncing off of support near 11,000; however, I am skeptical how many times this floor will hold. Hence, I feel like it’s time to start looking at short picks. Here is my first:
This stock pick is going against the overall trend in the Market, but is showing good enough promise that I’m willing to take the risk. Technicals The AROON is showing a strong uptrend is in place
Deere (DE) is showing a double top pattern, and recently backtested through the confirmation point and dropped back down on high volume. For a double top, this confirmation improves the success rate of the pattern to an amazing 83% (statistics – Richard Schabacker).
