Paul J Singh

Category: t2108

  • Monday’s Game Plan and Market Notes

    Here is my plan for the market this week. The member only “Trade Report” also included my focus list, consisting of the stocks I plan to trade if we get a pullback. Market Notes: As I noted last night, the cup and handle pattern emerging from a bottom formation looks…

  • Game Plan for Friday

    Here is the game plan for Friday, taken from today’s Trade Report: (See this post for a free seven day trial and 30 minute private chat) Market Notes:   The market drifted up today on decent (but not great) volume, and is nearing the $85 resistance level.  Stochastics are very…

  • Trade: FAZ

    While not at extreme levels, the market is starting to get a little overbought. The T2108 reading is above 70 and many individual stocks are posting stochastic readings near 70-80. While not making any big bets yet, I took a small probing position in FAZ (entry at $35.09), which gives…

  • Market Notes: Are We Oversold?

    I am still finding this market tough to trade. I have no problem trading in bear markets, but my issue right now is that we are oversold, but not that oversold. So it’s tough to initiate longs or shorts. If I do decide to trade, it will most likely be…

  • Panic Overwhelms the Market

    Well my friends, panic seems to have set in. I sense there is something different about today’s decline. Over the past couple of weeks, dips have been met by underlying strength, and the general mood was that they were to be bought. No fear whatsoever. That’s not the case today.…

  • Better to Play the Second Bounce

    It’s easier to play the second bounce, as opposed to trying to time the first. If you take a look at the chart above (SPY vs T2108), it is obvious that there is no sure fire method in timing the bottom of a correction. The T2108 indicator (via telechart) measures…