The trading diary of Paul J. Singh. I trade full-time and empower traders by making the complex simple. I can be contacted at SinghJD1@aol.com
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Thursday, January 15, 2009
Watch for the Bullish Tail
If FAS closes as it looks right now on the chart, a bullish tail will have printed and we will be setup for a strong bounce. Keep an eye on the close . . .
What do you think now? closed at 13.57. I stopped out with a small profit, didn't like the JPM, WFC sell off near the end. I just don't understand what to expect, will these trillion dollar banks will trade as penny stocks because of no dividend? or this represents something real BIG what is cooking?
What do you think now? closed at 13.57. I stopped out with a small profit, didn't like the JPM, WFC sell off near the end. I just don't understand what to expect, will these trillion dollar banks will trade as penny stocks because of no dividend? or this represents something real BIG what is cooking?
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