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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
My company:
Astrology Traders
My blog:
zentrader.ca
  • Market Rally Could Continue 0 comments
    Aug 4, 2012 10:02 PM | about stocks: TLT, SPY, TBT

    Bonds could fall further and correct down to $119-120 level, which may add enough juice to the general markets to push them to or even past 2012 highs. Generally when TLT pulls back the general markets have rallied. My timing signal hasn't switched to a full on buy right now, but it's leaning to the bullish side right now. I wouldn't advise being heavily short at this time. Remember that price is always right and right now it's moving higher.

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    Looking for a focused watchlist of long stocks?

    Stocks: TLT, SPY, TBT
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