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Technical Analysis, Momentum Trading — iBankCoin

Is the Market Really Green?

Looking at my screen, one would think we are down 100 points. Many of the mo-mo names are getting poleaxed, what are people buying? The financials?

I feel like loading up with puts, but I’m hesitant to put on any trades at the moment– I’m sure many feel the same way. I will wait and see what tomorrow brings.

Note: Ag is getting destroyed [[MON]], [[MOS]], [[POT]], [[CF]]

2 Responses to “Is the Market Really Green?”

  1. JJ Says:

    I have the same feeling as you. Will wait and see what gonna happen tomorrow.

  2. How much money do I need » Blog Archive » Is the market really Green? Says:

    [...] kendall@kendallschoenrock.com (FountainHead Networks) wrote an interesting post today onHere’s a quick excerptLooking at my screen, one would think we are down 100 points. Many of the mo-mo names are getting poleaxed, what are people buying? The financials? I feel like loading up with shorts, but I’m hesitant to put on any trades at the moment– … [...]

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