- Although the major indexes are hitting technical resistance, Schaeffersresearch.com is bullish in this week’s Monday Morning Outlook.
- Chartadvisor.com’s author (Joey Fundora) is a bit more cautious in his recent post, due to the overbought market condition.
I will tread the water with a cautiously bullish gesture, preparing for the overall profit taking on the markets.
About admin
Richard Cheng, M.D., Ph.D., is an avid Wall Street investor with 20+ years of investing experience. He is specially adept at observing the world to find the patterns and then design strategies to win his battle. Most, if not all, happenings in the world, follow certain patterns. These patterns may be complex, multi-factorial, not so intuitive at the first glance, or even may appear chaotic. However, even chaos has its own patterns. If you pay attention and be patient, you'll find them and then you will gain an upper hand in your battle. Using this blog space, he documents his trades and his thoughts as they happen. He uses this blog as a a notebook to help him better refine his strategies. Hopefully this will help you as well. Good luck in your trading.
