Stock Market Updates Archives

MONTHLY TRADER ALERT

This is an update from the Daily Market Advantage

Today we ran into the 61.8% retracement level on the DOW (11,247),
and came close to it on the S&P 500 (1227).

If you’ve been waiting for a good time to go short, this might be
it.

I say *might*, because frankly the market has been like a runaway
freight train.

I’m not sure if the momentum is ready to shift yet, but when it
does… it could be fast and furious.

So IF you’ve been waiting to go short, you might consider a small
position now.

But keep a tight stop, because the market could continue its upward
momentum.

If you enjoy the HIGH risk 3X ETF’s like I do, you might want to
take a look at shorting DRN (real estate bull, currently at $230).

Remember, the leveraged ETF’s can kill your margin in a hurry, so
set tight stops and don’t buy or short more than you can afford.

Members of the Daily Market Advantage receive this kind of insight
and much more EVERY trading day.

If you’re not yet a member you can get more info at:

Daily Market Advantage

In addition to the daily reviews, Dave also posts “mid-day updates”
from time to time, with valuable up-to-the-minute tips.

It’s important to stay alert and be aware of the changing market
conditions, and the best way to do this is to join the Daily Market
Advantage:

Daily Market Advantage

The market consolidated again today which, in almost every case (sideways action), means that the market will continue higher.

It’s making it’s way to the 61.8% retracement level on both the DOW (11,247)
and the S&P 500 (1227).

We are waiting now for the best shorting opportunity since October 2007 when
it hits these levels.

A subscriber asked me what will possibly cause the market to go down
at this point.

The answer is never revealed until it happens but I’m guessing that it could be
any one of dozens of reasons:

1. The Health Care Bill backlash that’s building
2. The Tea Party momentum
3. The Greece debacle that’s starting to boil (Greek credit default swaps are hit a historic high this morning)
4. Excessive government debt and lack of bond buyers
5. Goldman Sachs fraud – it’s just the tip of the iceberg
6. And much more…

Trade With Confidence
Daily Market Advantage

After a brief pullback at the beginning of last month, we’ve seen
the rally continue in the market.

Of course this much to the disappointment of people like me who
understand that the market is being manipulated, and is nowhere
even close to a reflection of reality.

Make no mistake about it. History has proven that the market will
correct itself. It’s not a matter of if, but when.

Nevertheless, we cannot allow our sentiment to dictate our trading.

We are also bearish long-term.

Yes we’re going to make a killing when the market goes down, but we
want to keep growing our portfolios in the mean time.

So we have to stick to the plan and manage our portfolios by the
numbers.

For today’s tip, we want to give you a bonus video.

It is a 32-minute video which was created as the “weekend review”
for the February 21st edition of the Daily Market Advantage.

This video covers the current market conditions,
but also provided some good insight into the mentality of retail
investors, and how it is playing into the market.

You can grab it here:

http://www.diversifiedoptionstrading.com/daily_DMA/sample0221.zip

(The zip file is 62MB)

Members of the Daily Market Advantage receive this kind of insight
EVERY trading day.

If you’re not yet a member you can get more info at:

www.diversifiedoptionstrading.com/go/DMA

In addition to the daily reviews, there will also be “mid-day updates”
from time to time, with valuable up-to-the-minute tips.

For example, today an update was posted at 11:39AM EST, at the exact
moment the market reached a high point (10,469… currently the
high of the day).

It said a short-term move lower was most likely about to start.

I am writing this an hour and a half later, and already it’s proven
to be a great day trade.

It also cautioned to be alert. As mentioned in last
night’s review, there’s a good chance we could go up to the 10,500
level on the Dow, and we won’t be sure of a further decline unless
we see a serious sell-off down to the 10,187 level.

Maybe you’re wondering how Dave in the video knew that the market was reaching a
temporary top at 10,469?

He knew it from his technical analysis (including the FIB
retracement, which is explained in the daily videos), as well as a
strong signal from his proprietary MarketDNA indicator.

If you do not own the MarketDNA indicator, you can check it out at:

www.diversifiedoptionstrading.com/go/MarketDNA

Best of trades.

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