It looks like it's going to be an intresting week. We have the Nasdaq near 2660, the S&P above 1530 and the Dow above 13600. Some secots to keep and eye on the comming week include the Oil Service (OHI), Semiconducters, and the internet sector. These secotrs have all recently broken out and are making new highs. I'll come later tonight with my option trade ideas.
The system remians long, hope you have a good weekend.
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2 comments:
What advise do you have for some one like me- I followed your advise and bought QID in early April based on your "sell" signal post. Since you were "off the air" you never posted a "buy" signal to sell QID. Therefor I am still holding QID at a significant loss. Should I hold waiting for a down market or should I sell now???
Dear Jerry,
I'm terribly sorry for being off the air for so long. Right now, we are in a bull market so I would sell your QID shares and go long QLD.
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