Discussion in 'Trading' started by mikeenday, May 16, 2011.
Use your imaginations and buy OTM puts.
Not that I care about the double dip.
But here is the % stocks above 50DMA, Just dipped below 50% (NYSE + AMEX) listed stocks.
How do you use that indicator in your trading?
I use it to catch market sentiment : bulilish or bearish.
I would start playing the short sides on my day trades.
Also, timing is ideal for day trades than long term trades until market picks a side to continue with. Right now it seems to be Double minded
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