BullBear Trading: Stock and Financial Market Technical Analysis

Steven Vincent's Blog – March 2011 Archive (2)

Buying Opportunity At Hand But Vigilant Awareness is Necessary

Here's the Introduction to the latest BullBear Market Report:


In recent BullBear Market Reports I was able to successfully identify the apparent Wave 3 of (3) top at SPX 1344.  I advised BullBear Trading members that I was taking 40% of my long position off the table and closing long positions in Nikkei as well as exiting short US Treasuries.  I might have taken more of the position off but there was some doubt, until the Japan Panic hit, about the degree of the correction at…


Added by Steven Vincent on March 19, 2011 at 9:00pm — No Comments

Intermediate Term High for Stocks

Here's the introduction to the latest BullBear Market Report:


The fear of a disruptive pan-Arabic revolution appears to have triggered a correction in world equities markets. Today’s high marked the B wave of an ABC corrective pattern and C down is now underway. My take at this time is that the downward correction is not yet over and a better buying opportunity lies ahead.…


Added by Steven Vincent on March 1, 2011 at 8:30pm — No Comments

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