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Re: cottonmather post# 268

Thursday, 01/08/2009 8:46:34 PM

Thursday, January 08, 2009 8:46:34 PM

Post# of 805
Depends. The market looks like it's going to rally (or continue to rally) so I'm long. I'm just trying to enter half decent positions based on what I see in the charts.

A lot of the charts that I've looked at are setting up to be pretty bullish looking...

Whats really interesting is the small cap penny stocks that have been 3 or 4 baggers within the last week or two. It's unbelievable the action that is taking place there.

I know this is a ETF thread so I don' want to pollute it with various individual stocks, but take a look at the top percent gainers report over the last week or two and you will see what I mean.

Taking that in consideration, along with various chart setups I've concluded that it is a good time to go long.

All FWIW only

...You don't understand! I coulda had class. I coulda been a contender. I coulda been somebody, instead of a bum, which is what I am.. Marlon Brando 'On the Waterfront'.

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