MysteryTrader's Commentaries
Jan
23
2007
trade with an upside bias
by MysteryTrader
Overall Rating:
It looks to me like a normal pullback has run its course.
Technology, energy stocks, and small caps appear oversold, short term.
Seasonal tendencies are back to bullish again, from today to Feb. 2nd.
So, look to be a little more aggressive on the long side than on the short side.
For this week and next week, buy small dips and trade with an upside bias.
Beyond that, the forces impacting the market are still a mixed bag, so I am looking for more of a trading range, choppy market.
Tags: vantagepoint | jobman | indicators
