[HOME]
Sign-up for our 21 day free trial!

The contents on this page are a small sample of StockTradersHQ's member resources (FREE Trial!)


1. Our staff of professional technical traders analyze 1,000's of potential stocks every day to provide you with a list of stock picks with the greatest potential for explosive gains.

2. These stockpicks are traded with our real-time portfolio. Email alerts are sent for every entry and exit. Through the member-only website, you will have our support every step of the way.

3. Our subscription service provides all the resources, stock picks and tools an investor needs to make very profitable, consistent trades while maximizing gains and minimizing losses.

SEE OUR TOP PICKS FOR 2006...

Monday, March 29, 2004

Good evening friends,

Market Recap
The markets were on a roll again with the Dow up 116 points and the NASDAQ up 32 points. The NASDAQ closed just below the high of the day of 1996; the NASDAQ is now getting into an area where there is plenty of resistance. I have a fresh chart tonight of the NASDAQ and as you will see, today's rally was again on below average volume so it is suspect for sure.

Volume, Volume, and Volume
When a stock or an index runs up against resistance, it will need volume to break through the resistance. So far from what I see; there is not enough volume for the NASDAQ to push through this wall. It should be turning back again soon. I am still undecided as to which way we are headed. As I have said before, we are in a trading range between the 50 SMA and the 200 SMA, and until this is resolved we cannot commit either way. 

Tug-Of-War
It is no coincidence that the numbers of stocks on our short and long watch lists are almost even, this will happen in a market with no direction. It is because we do not know which way to go, so we have to watch both the long and short side equally to be ready for a break either way up or down. When we were in a raging bull market last year between May and December, we had upwards of 50 stocks on our long watch list and none on our short list. If the market turns down on us and the NASDAQ goes below the 200 SMA, our list of shorts will grow quickly and our long list will dwindle down to almost nothing. 

To me, it makes no difference which direction the market goes, we will make money on either side. I just wish it would commit one way or the other so we can get back to business. I would prefer a bull market (going up) only because I know most of our subscribers do not short stocks. The only way to make money in that case is if the bull runs again. I think we will go up but I just can not tell you when just yet. We will need more time for a better reading.

With the NASDAQ near resistance levels again, Cash is king. For aggressive traders, our short list has some good limit orders to short into rallies. Be sure to keep tight stops in place. We are trying to stay with losses equaling no more than 2% on short trades and we will apply this rule with long trades as well (although not as strict). Some longs need more room to move, but there is no excuse to let a short get away from you for more than 2-5% in this market. 

** One of last night's OTC BB plays (GDLS) was up 184% today**.  That's right, it is no miss print.  I do not know why it is up so much, but what a move. Also from last night's Bulletin are SPHC up 15% and GZFX up 8%.  
 
Some OTC bb stocks for your watch list include SPHC (from last night but it can move more), PLKC, EYDY, GZFX, and IACH. 

As always, thank-you for your support past, present and future! Have a great night everyone; we will see you all tomorrow evening. 







Copyright 2003-2006 StockTradersHQ.com is owned and operated by The Winners Edge a subsidary of DMC Systems LLC. All rights reserved.   This web site is optimized for Internet Explorer 5.0 or greater!DISCLAIMER  [Articles| Bulletins| Charts]

^GoTo Top^

 
Buy Outlet Canada Goose Jackets Parka Online Buy Replica Prada Clutch Bags Online Buy Replica Hermes Birkin Bags Online Buy Replica Celine Clutch Bags Online Buy Replica Christian Louboutin Shoes Heels Online prada bags replica celine bags replica christian louboutin shoes replica hermes birkin replica canada goose jackets outlet Replica Canada Goose Jackets Parkas Coats Vests Outlet Sale Replica Hermes Birkin Bags Kelly Handbags Replica Prada Clutch Bags Messenger Handbags Outlet Sale Replica Celine Luggage Tote Bags Replica Christian Louboutin Shoes Heels Sandals Pumps Outlet Sale Canada Goose Jackets Sale Prada Mini Luggage Tote Bags Sale Hermes Birkin & Kelly Bags Sale Celine Mini Luggage Tote Bags Sale Christian Louboutin Shoes Heels Sale Celine Bags Luggage Tote Mini Outlet Sale Prada Bags Clutches Purses Outlet Sale Canada Goose Jackets Outlet Sale Toronto Christian Louboutin Shoes Boots Outlet Sale Hermes Bags Birkin Purses Outlet Sale Canada Goose Jackets Canada Goose Jackets Outlet Authentic Canada Goose Outlet Buy Canada Goose Outlet canada goose outlet cheap canada goose sale Canada Goose Online Jackets Canada Goose Parkas Outlet Buy Canada Goose Parkas Cheap Canada Goose Jackets Canada Goose Outlet online Cheap Canada Goose Men Jackets canada goose cheap canada goose men outlet canada goose outlet canada goose jackets sale Official Canada Goose Jackets Men Online Shop Official Celine Bags Luggage Tote Mini Online Shop Official Prada Bags Luggage Tote Online Shop Official Hermes Bags Birkin 30Cm Online Shop Official Christian Louboutin Heels Shoes Online Shop Designer Christian Louboutin Shoes Heels Sale Outlet Designer Celine Bags Luggage Tote Sale Outlet Designer Hermes Bags Birkin Sale Outlet Designer Prada Bags Messenger Sale Outlet Designer Canada Goose Jackets Men Sale Outlet Cheap Canada Goose Parka Canada Goose Jackets Online Hermes Bags Birkin replica Prada Bags Clutch Sale Replica christian louboutin shoes outlet Canada Goose Men Jackets Outlet celine Luggage Tote bags Canada Goose Outlet Store canada goose outlet Hermes Birkin Handbags Outlet Sale Celine Handbags Trapeze Outlet Christian Louboutin Shoes Outlet Sale Prada Handbags Clutch Outlet Sale Canada Goose Parka Outlet Sale canada goose mens parkas Christian Louboutin Shoes Outlet Celine Micro Luggage Tote Bags Outlet Canada Goose Jackets Men & Women Outlet Prada Clutch Bags Outlet Hermes Birkin Bags 30Cm Outlet hermes replica handbags, eline handbags online, replica louis vuitton bags, canada goose outlet toronto, Cheap Canada Goose clothing Canada Goose Men parkas Canada Goose black louis vuitton clothing Outlet Moncler replica judith leiber crescenttravelclub Moncler Doudoune Homme Canada Goose sale Jackets