Posted by: eminitrader August 2, 2007
Making Money with Eminitrader
Login in to Rate this Post:     0       ?        
The bounce that we saw in the last 2 days is more of a techical bounce at 40W MA. This bounce will not make a new high. In the next 2-4 weeks we might see the market try to advance but will not be successful. For aggresive traders, you can buy DIA here and exit at the first 1% selling day. For more conservative people, you might want to save the money and wait for a selling to 65 WMA.
Read Full Discussion Thread for this article