Thursday, September 16, 2010
Stock Market Report - End of September 15 trading session, and on the eve of September 16 session
New Policy: To Read The Market Analysis Reports Generated By Our Proprietary Models,
You Now Need to Subscribe. Fill Form Below. Subscription Is Free.
Get Instant Access to the Latest Report, As Soon As You Submit the Form Below.
Stocks and stock market: stock investing and stock trading
The stock market models of this blog have been in a bullish leg recently, and today they issued a warning for a potential retreat. They suggest to us to take profits on any longs we may have. They estimate the retreat for the NDX (Nasdaq-100) to be currently around 3% to 5%. If the retreat takes place this does not mean that the current bull leg would continue. The situation would be re-assessed after the retreat if the retreat materializes before any further up move. We asked the models what the current upside would be if it were to continue higher without a retreat, and as of close of Wednesday they estimated the upside to be around 3% if the marker were to continue. The market issued the warning however. The analysis was made for the Nasdaq-100 index. A related ETF is the QQQQ. The above numbers translate to around $45 on the low side, and 49.25 on the upside for the QQQQs. The QQQQ closed at the 47.90 area.
Today we will be watching how the market performs. It is always risky to trade the stock market. We are always reminded that one should never trade or invest money they cannot afford to lose.
The stock market models of this blog have been in a bullish leg recently, and today they issued a warning for a potential retreat. They suggest to us to take profits on any longs we may have. They estimate the retreat for the NDX (Nasdaq-100) to be currently around 3% to 5%. If the retreat takes place this does not mean that the current bull leg would continue. The situation would be re-assessed after the retreat if the retreat materializes before any further up move. We asked the models what the current upside would be if it were to continue higher without a retreat, and as of close of Wednesday they estimated the upside to be around 3% if the marker were to continue. The market issued the warning however. The analysis was made for the Nasdaq-100 index. A related ETF is the QQQQ. The above numbers translate to around $45 on the low side, and 49.25 on the upside for the QQQQs. The QQQQ closed at the 47.90 area.
Today we will be watching how the market performs. It is always risky to trade the stock market. We are always reminded that one should never trade or invest money they cannot afford to lose.
To Receive Market Forecasting/Timing Reports, and Other Special Trading Reports: Enter your email address in the form below, and click submit. Your subscription is at no cost to you and you can unsubscribe at any time. You will receive our special market timing reports, trading reports, and other specials available for members only. We reserve the right to withdraw or terminate this FREE subscription offer at any time. Therefore, secure your subscription now as we do not guarantee that this offer will be available at your next visit to this site.
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home