Monday, April 20, 2009

Video - Lots of Potential Breakdowns - 4/20/09

I wanted to do a video tonight because I think tomorrow could be a very important day for the bulls. Based on the sheer number of stocks I found (shown in the video) that either broke down today or are sitting right at important trendlines and looked poised to breakdown, I have to think that if the bulls don't defend this immediate area starting tomorrow, then today will just be the start of the selling. I am not short yet, but if we have more selling tomorrow, I will likely start opening positions. Good luck Tuesday.


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2 comments:

The Rogue Investor said...

You weren't kidding when you said there were a lot of shorts. I jumped into several today and believe we just topped. Great video though!

MarshalN said...

Thanks for the vid!