Monday, June 27, 2011

Short trends are down. COMP at support.

The stockmarket has turned down and I was forced out of my positions when NASDAQ Composite went under 2800. The short stockmarket trends are down and the longer ones hesitate. Now we have support areas around 2600 so if you want to go bargain hunting you may want to buy here with a stoploss just under 2600. Me, I will wait for a clearer trend.