Right. So over a week ago, you read my post and video about the Nasdaq giving a sell signal and my recommendation you get out until a clear dominant group emerges, either bulls or bears.

The hate mail came in from one stupid trader. The guy basically cursed every few words, told me I was “always wrong”, and even subscribed to the Guerilla Stock Trading Alert service by setting up bogus email addresses with, you guessed it, more curse words and insults about what I should go do to myself.

So what set this lamo off? The fact that the Nasdaq had two up days after I said it was a good time to exit and sit on the sidelines until a clear leader emerges.

This is WAY too much emotion for the stock market people. Do not go and be a girly man. Emotion will get you killed. I wonder if this stupid bi-polar trader is now feeling bad and thinking he owes me an apology after what the Nasdaq has done this week.

I am back at it and in your face with another video about where I think the Nasdaq is headed in the coming days and weeks and how I am going to play it. This video is not for emotional “girly men” traders. Go join the soap opera digest if you are an emotional girly man and leave stock trading to the real men.

After bottoming in March of 2001, the Nasdaq has had a multi year recovery which has rallied it very close to a 50% Fibonacci retracement level. After a nearly 50% recovery, this market now appears to be weakening.

The months of September and October are now upon us and both of these months tend to be wicked months for the stock market. I would not be surprised to see more of a trading range before it eventually falls and continues a downtrend. This is what I expect to happen, however, I am going to rely on my Trade Triangle technology to give me the perfect timing for the event.

In the video below, I will show you what I expect to happen to the Nasdaq Index.

Technorati Tags: girly men, guerilla, nasdaq, real men, stock market, stock trading, trade triangle, triangle technology

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