Hello dear readers,
I'm still short, but I see a lot of traders I respect who believe the bottom for the move is in. Maybe it is, maybe it isn't - I don't try to predict such things. I just follow my strategy and its worked all along so I'm going to continue following it.
In my last article above, I said I saw a retest of a support level on the cards and...
Hello wonderful people,
This is the last post I made on the SP500: . You can see that I thought it was overvalued there and now the technicals are turning bearish. It's looking ugly as far as I am concerned.
My targets are outlined above.
If you look in the link you'll see data about the PE ratio of the index. If you are interested in seeing a spreadsheet...
What's up good people,
This was the last update I made for AMZN: . Not much has changed. I am still very bearish on AMZN and with the US economy still heading lower I am becoming ever more confident in this trade.
Same as before though, I would either take a small profit from my entry or at a break of the ATH. AMZN is looking extremely weak though, so the...
