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Originally Posted by LegendaryLars
The real trick right now for the market is we are at a area of resitance in the nasdaq. if we dont break 2100 soon I think we are gonn ahave to head down all summer long. if we can break 2200 then we will be rocking
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tell me about it. i always have that chart as well as the qqqq chart up to give me a general idea of the market conditions. I have a feeling that the summer will be another slow one, just as they always seem to be. I'm waiting for one oil stock im in right now to anounce some news, then once it runs up a bit I'm pulling out of it.
Who do you use to do your trades? I use cybertrader.com and i use esignal for my data feeds. I love esignal, that's the product that really helped me with regards to following the charts and trends out there. I used to do day trading but just don't have the time for it anymore, now I take a longer position in the stocks i trade.