Looking at ETFs I follow not much is worth going long. Gaz decent b/o, UUP up, TLT also. QID and many things look to be in a giant wedge with difficulty determining the direction of breakout pending. I am not liking that RJI looks closer to a sell than a buy based upon turtle trend trading rules. I am liking the peace that has come by making only one trade this month.
I am surprised that my brokers internet forum has not had any responses to a question I posted with regards to trading just based upon end of day data.
I like the big cajones this guy exhibited shorting the market intraday up.
Friday, June 11, 2010
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