Gennady Kupershteyn has been in financial services industry since 1997. Since 2000 he has been a professional trader and serves as a trading mentor and portfolio adviser. His experience includes building and managing four successful trading desks in California, New York and New Jersey. He has... More
Below is a snapshot comparing the 8-2007 NASDAQ to the current NASDAQ (green arrows represent the the two positive reversal days). As you can see the market managed to rally quite significantly off that turn around to new highs. That was the most profitable part of the rally for swing traders.
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Market Action Very Similar To 8-16-2007 - Bullish - Updated - NFLX, APKT, SNDK 0 comments
http://capitalistbull.blogspot.com/
Disclosure: Long NFLX and APKT
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StockTalks
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Not much left to do, few setups remain. Patiently hold leading growth stocks through 1st pullbacks. http://stks.co/bV7p $ES_F $JAZZ $OCN
4 days ago
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LSA continues to confirm rally. Add/initiate new positions on pullbacks. http://stks.co/pDTT $ES_F $GOOG $SPWR $TSLA $OCN $NFLX $YELP $P
6 days ago
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Oil, double bottom w/handle, prices headed higher. $ATW $CLR $SLCA Watch Solars $SPWR $FSLR. $USO http://stks.co/dUgk
May 17, 2013
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