April 14, 2010

The Easy Trend Remains Intact

"The easy trading trends remain well intact. Bad news is good news and good news is great news. Monday’s are always up days, the 10:30 AM bottom is always bought into and days ending in “Y” end on the plus side. This market has been a trader’s dream come true."

in The Pragmatic Capitalist

Related ETF`s: ProShares UltraShort S&P500 (ETF) (Public, NYSE:SDS) and SPDR S&P 500 ETF (Public, NYSE:SPY)

The volatility ETN, iPath S&P 500 VIX Short Term F (Public, NYSE:VXX) closed at a new all time low, as fear in this market is non-existent. For how long?

Best Trading Story Of The Day: "In A Kamikaze Move, I Have Tripled My Shorts. So Help Me God."

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