InvestorsHub Logo
Followers 14
Posts 4298
Boards Moderated 0
Alias Born 01/26/2012

Re: None

Tuesday, 07/31/2012 5:13:33 PM

Tuesday, July 31, 2012 5:13:33 PM

Post# of 37921
A last thought: IN a strong trend, nothing works but to keep with the trend. Otherwise, often shorting near the end of the month or early in the next month makes money. I still think (not sure, just a thought) that we go up another couple days before we role over, but 1220 to 1300 makes sense for the next low, depending on how bad we panic.

I like qqq, iwm, tbt, and gld for the final rally of the bull market into the end of the year. NOt playing individual stocks, as learned a lont time ago, that near the end of a bull not all stocks will go up. Plus, if you want to play the hot small caps and big techs, then buy the qqq and iwm, as the hot stocks will dominate the move up, and the losers will not hurt the average as much.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.