Wednesday, May 19, 2010

Shorts Still in Charge

Short sellers are still in charge of this stock market, but we may be due for a modest bounce here, before we test that freak low from two weeks ago. If you have to trade, be very careful with your long trades at this point. When the market is in a downtrend, it is best to take profits at the close in long positions.

Scott Cole
www.bestdaytradingstocks.com

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