Friday, July 9, 2010

Current Market Outlook - ALERT

I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knower

Due to a solar time cycle coming in, I have closed all of my longs on AAPL, NFLX, GOOG, MA NFLX. Better safe strategy. Usually this cycle creates a small change in trend, it is accurate 60%+

4 comments:

Quality Stocks said...

Dear Syed,
I saw this in Tim Bost report.
Thank you for your thoughts.

Reed

Luc said...

So you are staying for weekend without any position or do you have a plan to re-enter longs before end of session ?

Anonymous said...

Mr.Syed,

Do you feel the markets will head lower now for a couple of days before moving back up? Dow went up today however the volume was extremely light and the stochastics for most stocks indicate they are overbought.
thanks.

Patrick

Harmony Teacher said...

Yes that is true, please look for the updates

Remain Blessed