BullBear Trading: Stock and Financial Market Technical Analysis

To be or not to be (to sell or not to sell)?

Last week I bought SSO on the dip and yesterday added BGU on the margin. RSX and FXI have been doing great. Let's see how their American counterparts do in this surge today.

I am 200% in! This time I am not loaded with financials, which worked well before, but how long can they go up without fixing the fundamentals?

If the market goes up, the main question is to hold or to sell around 950. My plan is to sell at least stocks bought on the margin.

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Comment by Steven Vincent on May 20, 2009 at 11:57am
Please make sure you have set stops in for breakeven! Your first goal is to not lose money, especially on a winning trade! Let the market do its thing and then sell at resistance.

Looking at this chart I noticed that volume was low on the recent bounce... a yellow flag of caution.

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