Day Trading – The Bullz And Bearz

Rolling In The Profits, Markets Rally More Than 4%

March 12th, 2009

Hey, does it look like this market got really strong overnight for some reason? I think that these past few days have been absolutely amazing! What else can I say other than the fact that I our long positions have been stellar. I keep getting email after email from members who made over $10K, $20K or even one guy who made over $150K – this one’s for you Gavin – in just these past three days based on my trades. Honestly, I’ve been glad to help show the way for you guys. Below is a chart of JUST ONE of our long trades in green which is currently sporting a 37% profit.

 

 

As for the overall market strenght, we bumbed up to a pretty good short term resistance level here today. Not to mention that we have gone up over 10% in such a short time that it almost begs “short term selling.” I’m going to be adjusting my stops for the second time today before the open tomorrow depending on what happens early tomorrow morning. My gut tells me we are going to see a lot of profit taking – myself included. See you all later tonight for another Trading Video!

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