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Momentum Trading with RaginCajun

RaginCajun
Joined Jan 27, 2008
7,405 Blog Posts

Update:

Tue Feb 19, 2008 12:33pm EST 1

It may be true that we are up nearly 100 points, but in my opinion, the market looks terrible.

In the past I have used [[GOOG]] [[AAPL]] & [[XLF]] as a way to gauge the market, and as you can see, it does not look impressive. To me, the market looks unhealthy, and may be ready for another move lower.

It helps to have a few shorts.

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