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Jeff Pierce
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I’m a swing trader of momentum stocks with a holding period of anywhere from a few hours to a few months. I run a number of screens to locate the strongest/weakest stocks out there, using technical analysis to determine my entries and exits. Trying to calculate the intrinsic value of stocks in... More
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  • First Hint Of Fear 0 comments
    Jan 25, 2014 11:31 AM | about stocks: VIXY

    By Jeff Pierce

    I kinda get the feeling that many traders are out there waiting for the big one...the correction that comes out of nowhere. For such a small % decline on the major indexes today it sure felt like a lot of fear out there on the twitter/stocktwits stream. Currently my timing signal remains up on all three indexes (DOW, NASD, TSX) with the Dow being the weakest of the three with the short/mid down, but the long term signal for the Dow remains up so the overall trend remains up. Until we see further deterioration on these indicators it's best to be cautiously bullish.

    Stocks: VIXY
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