If you do a search using Bing.com or google.com for “Head and Shoulders Bottom September 2009″, you will see a growing list of websites identifying this formation in the major indecies. Unfortunatley, most of those who have done so have missed the key element in verifying a Head and Shoulders Bottom, and that is volume! [...]
With the 8000 support level succumbing to downward pressure, the bottom targets for all 3 major indicies has to be revised downward. In my article "When Will the S&P 500 and Dow Jones Bear Market Hit Bottom?," I made the predication that the bottom would come around May, 2009. I made that prediction with the belief that [...]
Update #1 – JRCC
JRCC has been a great short pick. It is in a downard channel and showing no divergence what so ever. This pick has gained 20% in two days, and we’re already adjust trailing stops! The target still about 3 dollars or another 10%.
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Update #2 – SNHY
SNHY was another short [...]
There is one fact that holds constant in the stock market…
The “smart money” somehow knows where the next bull run is going to happen before anyone else.
It then stands to reason that finding out where the smart money is going as soon as possible will help you make more money.
In this video, I show you [...]
