Comments on: Stock markets may be falling again http://www.1stMillionAt33.com/2008/04/stock-markets-may-be-falling-again/ A site to share my tips, tools, and humble thoughts on the journey to wealth Sun, 02 Oct 2011 19:26:45 +0000 hourly 1 http://wordpress.org/?v=abc By: James http://www.1stMillionAt33.com/2008/04/stock-markets-may-be-falling-again/comment-page-1/#comment-4124 James Sun, 13 Apr 2008 00:36:51 +0000 http://www.1stMillionAt33.com/2008/04/stock-markets-may-be-falling-again/#comment-4124 Good luck, Frugal Good luck, Frugal

]]> By: Elad9000 http://www.1stMillionAt33.com/2008/04/stock-markets-may-be-falling-again/comment-page-1/#comment-4123 Elad9000 Fri, 11 Apr 2008 20:49:23 +0000 http://www.1stMillionAt33.com/2008/04/stock-markets-may-be-falling-again/#comment-4123 We may be reaching the point where bad news in the financials is good news. Stocks are anticipatory. Not sure what you trade but DIA hit 123 right at intermediate support. I would open a partial position at this level but, I don't trade the DOW. QQQQ did not quite make it to 44, its intermediate support, but good enough for me. Opened a 1/2 position in QLD - we'll see how it plays out. Next good level of support is coming in at 43 so risk is only 2+%. Would fill the position at that level. I agree, lows should hold going forward. A trade worth looking at now is oil. DUG, double short oil, saw good accumulation today and was up 2.5%. I got in yesterday at 34.14 so am keeping fingers crossed. Counter trend move so be quick on the trigger, Stay tuned. We may be reaching the point where bad news in the financials is good news. Stocks are anticipatory.

Not sure what you trade but DIA hit 123 right at intermediate support. I would open a partial position at this level but, I don’t trade the DOW.

QQQQ did not quite make it to 44, its intermediate support, but good enough for me. Opened a 1/2 position in QLD – we’ll see how it plays out. Next good level of support is coming in at 43 so risk is only 2+%. Would fill the position at that level. I agree, lows should hold going forward.

A trade worth looking at now is oil. DUG, double short oil, saw good accumulation today and was up 2.5%. I got in yesterday at 34.14 so am keeping fingers crossed. Counter trend move so be quick on the trigger,

Stay tuned.

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