Posted by: eminitrader April 21, 2007
Making Money with Eminitrader
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I was looking at some charts and doing some historical analysis with few friends. We have come to the conclusion that the market decline is very likely in the next few weeks. The market is at an all-time high and too many people are getting excited here. I had recommended IWM, QQQQ, SPY, DIA, XLNX in the past. If anyone bought these, you should have a decent profit here. If you notice any weakness, it is time to take the profits. I only have JDO with stop below $2.20. My average price was $2.58. I might have to take a loss on that but I will let the market tell me when.
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