Trade Logic for Possible New Shorts in Stock Indices

Discussion in 'Stocks' started by NoiseTrader, Aug 30, 2006.

  1. S2007S


    I think the markets are overbought, however with all this talk of new highs on the dow and s&p i think we do reach those levels, From there I think the selloff will take place and most likely be worse than the one we had in July.
  2. The analysis I do tells me were in a trade location that is compelling, and I'm trying some tactical shorts intraday to see if one catches, but I have not seen the bids break and until they do stock indices tend to drift higher than you thibnk they should.