Sunday, September 5, 2010

Trading bias for tomorrow...

Since I am not active in my personal trading account, I cannot say that what I will publish in this post are my plans for tomorrow. It is only advice, a suggestion.

Over the past three days the markets have bounced powerfully from over sold levels and are now very short term overbought. Based on observations I highlighted in my previous post

(Short, hedge or take profits?); I would recommend focusing on either shorting stocks or doing nothing.

Further I would only be focusing on the weakest stocks which I have also highlighted previously like LULU.

Hope this helps.

Good luck and good trading!

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