Quick Observations from the Market

We are still short, even though we got a buy signal on the Dow Jones Index about two days ago. We are waiting to get stopped from the short positions before endorsing going long. We still like school stocks such as CPLA.

Dow Jones rejects low price at key support levels.

Dow jones Index

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About the Author

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.