Author: mysterytrader@traderplanet.com

This oversold rally has been surprising persistent since the March oversold lows. Don’t fight it. But do be prepared if the rally fails near the February top. With tepid volume on the upside, forceful buying power appears...

Survival and success in this market is all about flexibility and risk control. No overnight positions–too...

I have been trading both sides…very cautiously. By trading cautiously and keeping risk exposure under tight control, we live to trade another day. Let the other guy fish for the bottom first. You can usually spot the lead...

It has been quite a week. The most volatility in a long time—mostly to the downside. Stocks look oversold, short term, but downside momentum is too forceful to fight. Oversold sometimes gets even more oversold. At some...

I have been buying dips and selling rallies for many weeks. Not looking for a blowout move. Just normal trading of the market’s typical ebbs and flows. But now today we have unusual downside momentum. One must wonder if...

We bought the dip, then we gave it a little room to run. I said that we had 3 days down, and perhaps we will get 3 days up. Well, we got ’em. This is no time to get greedy. Now, it is time to ring the register and say,...

We bought the dip. Now, today’s market has upside momentum. So, let’s give it some room to run before we sell the rally. We had 3 days down, perhaps we will get 3 days...

Seasonal tendencies are no longer bullish, and there is a growing recognition that the stock market finally might be overbought. Most of the time the market moves up AND down, rather than in a straight line up. I am expecting...

Last week’s downside reversal was in reaction to a couple of disappointing earnings surprises. It looks to me like nothing more than an aberration within the larger trend, which seems to be growing increasingly choppy....

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...