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Momentum Trading with RaginCajun

RaginCajun
Joined Jan 27, 2008
7,405 Blog Posts

Market Going Nowhere

RaginCajun Fri Apr 4, 2008 11:09am EST 5 Comments

With the bad jobs report, the bears have good reason to take the market lower. However, all bad news is good news in the eyes of the bulls, so it looks like we might play tug of war for a while.

I will leave the trading up to you today, on days like today I normally get whipped around by mother market.

As I type, the market is moving higher. It looks like the fat kid fell on the bears side, but look for him to get up and start pulling right back.

If I was forced to go long, I would look @ [[VMW]], [[MELI]], & [[BIDU]] If you enjoy the content at iBankCoin, please follow us on Twitter

5 comments

  1. Scott
    Scott
    April 4, 2008 at 11:30 am

    DVN

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  2. Gunners
    Gunners
    April 4, 2008 at 11:37 am

    crazy link man above is giving me credit for your work

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  3. Hattery
    Hattery
    April 4, 2008 at 11:45 am

    Did you ever sell FSLR, or are you hanging on awaiting to see if it breaks new highs?

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    • 0 Deem this to be "Fake News"

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