Another Leg Down?

By
Stock Market Hacker
Published: May 17, 2010Posted in: Stock Market Commentary, StopsTags: ,

I got long signals on a bunch of short ETFs. We might be retesting the lows of last week. There is some volume acceleration on the short side. Tighten your stops.

PS. I also got a signal to go long on 20-yr Treasury Bonds. (TLT)

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I am a dad, professional engineer, MBA student, and a financial fanatic. I can help you make money in the stock market. I use Fibonacci techniques for retracements and targets, technical analysis, some little fundamental analysis, and automated systems trading. I also trade options. In addition, I use CANSLIM to get neat growth stock ideas. No fluff and no BS. If you want to discuss stocks, options or personal finance you are welcome to follow me in Twitter (@smarkethacker) or drop me a line to smh@stockmarkethacker.com. In addition, consider subscribing to my RSS feed located in the top right hand corner.