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Jack Haddad's  Instablog

Jack Haddad, MD, MBA is the founder and portfolio manager of MD Capital Management; prior to that, Dr. Haddad acheived great success as a consultant for the pharmaceutical/healthcare sector of portfolios for several brokerage firms. Dr. Haddad's involvement with clinical research trials has... More
  • 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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This post has 3 comments:

  •  
    agreed, but then why are you buying DIG and M? shouldn't we be going the other way
    Aug 17 11:11 AM | Link | 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
    Aug 17 12:13 PM | Link | Reply
  •  
    MACD is bearish on WFC and BAC as they move higher. Makes one wonder if a correction in the banks will materialize soon.
    Aug 22 03:32 PM | Link | Reply
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