Aaron Armstrong, Jan. 23, 2008

My plan all along has been to wait for shorting opportunities to come to me, but of course that requires that prices actually rally according to the historical expectations of an oversold bear market rally. My plan was to also try and trade that rally and to do so required an upside reversal that actually worked and wasn't a trap. Well, today we got that upside reversal, I got long the market and now I am looking for how this rally sets up the next shorting opportunities.

Click here to view this online trading research video.

Related Articles

·  Will a Weekly XLF Buy Countdown Along With an Increasingly Oversold Market Generate a Great Shorting Opportunity On a Bounce? That's The Big Question This Weekend ·  We Got Our Bear Market Bounce and Shorting Opportunity On the Hourly Sell Setups and Now Look To Take Some Profits Into This Market Structure...