sell – Technical Analysis of Stock Trends

Head faked in the euro…

Post author:WHC Bassetti
Post published:February 18, 2010
Post category:Letters
Post comments:0 Comments

Six days ago we thought we saw the euro (FXE) turn. Now we're selling our position. Why Prof, Why? Oh, we don't know. Just don't like it -- just kidding. …

F driving off cliff.

Post author:WHC Bassetti
Post published:January 22, 2010
Post category:Letters
Post comments:0 Comments

Given the market context we don't like F breaking the trendline like this so we are taking some profits and lightening our positions in F. Profits are in the 275…

Sell CRIS. EEB not looking good. Stay tuned. Stormy weather today.

Post author:WHC Bassetti
Post published:January 22, 2010
Post category:Letters
Post comments:0 Comments

We will be taking some handsome profits in CRIS today. Some of our students have called this kind of gap "the gap of death". And while today's candlestick might hint…

Noted technical analyst WHC Bassetti has over 40 years’ experience in the financial markets and is Malcom S.M. Watts III Adjunct Professor of Finance and Economics at Golden Gate University. He is editor of the Tenth Edition of Technical Analysis of Stock Trends, widely considered to be one of the true classics of market analysis.

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Head faked in the euro…

F driving off cliff.

Sell CRIS. EEB not looking good. Stay tuned. Stormy weather today.