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  • MACD is bearish on all indexes. 3 comments
    Aug 17, 2009 10:18 AM

    Prepare for a good sell off, but also watch for the market's resiliency.

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Comments (3)
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  • Macro_Man
    , contributor
    Comments (227) | Send Message
    agreed, but then why are you buying DIG and M? shouldn't we be going the other way
    17 Aug 2009, 11:11 AM Reply Like
  • Jack Haddad
    , contributor
    Comments (96) | Send Message
    Author’s reply » Just becuase the market is generally selling, it does not mean that you cannot be selecitve in going long or short certain ETFs or stocks. for example, I have both long and short postions on M hedged with different call strikes.


    On Aug 17 11:11 AM Macro_Man wrote:


    > agreed, but then why are you buying DIG and M? shouldn't we be going
    > the other way
    17 Aug 2009, 12:13 PM Reply Like
  • seekingtruth1066
    , contributor
    Comments (1023) | Send Message
    MACD is bearish on WFC and BAC as they move higher. Makes one wonder if a correction in the banks will materialize soon.
    22 Aug 2009, 03:32 PM Reply Like
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