Post Fed Game Plan

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It is a relief to have the fed cut out of the way. The market’s manic, ultimately negative response, lends credence to my thesis that we will at least test recent lows. I will look to unleash some shorts in the coming days, most likely in last year’s momo stocks that look top-ish and ready to break (see DECK).

3 responses to “Post Fed Game Plan”

  1. Anonymous Avatar
    Anonymous

    How about buying DRYS and TBSI? BOth are having leading divergence on TSV and Money stream. Vol is up and RSI is improving. Please let me know your view. Thanks! KR

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  2. The Market Speculator Avatar

    Doesn’t fit my strategy. I don’t like to buy broken stocks. That’s not to say that your strategy won’t work.

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  3. David Avatar

    Although a bit of a bounce today I am on the side of testing recent lows as well. Haven’t checked volume today but volume def higher on down days than up days overall recently.

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