You had a great 3 day weekend with family and friends, going to the movies, whatever. Sometime next week, the S&P 500 reverses, pulling your stock down with it. In a matter of hours you lose thousands of dollars. What a tragic end to your great holiday.
The train wreck I described above will play out thousands of times next week. Don’t be the victim of a blindside on the S&P 500.
In the video below, I give you the exact pivot point to watch so that if the S&P 500 breaks it, you’ll quickly know what you have to do.
Enjoy the video and feel free to leave your comments below. Thank you and happy improved trading.
Lance Jepsen
President, GuerillaStockTrading.com
Your Trading Coach
(because everyone, even Tiger Woods, needs a coach)
More on this topic
(What's this?)
FABER: S&P COULD DECLINE 20% FROM HERE
(THE PRAGMATIC CAPITALIST, 1/27/10)
Glenn Neely: Multi-month decline
(All Allan, 1/22/10)
Emini S&P: Another Setup For A Rebound
(Short-Term Trading, 1/30/10)
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