Mad cow ! “Buy dip” and set stop loss at major support
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May 6, 2009, 10:28:20 AM5/6/09
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to InvestSmartOne
We need to be cautious to trade long side at this level, but there is
a chance to make profit, in upside when market pull back. “Buy dip”
and set stop loss near major support could be easier to make profit
than short at resistance as long as it hold uptrend.
major support:
QQQQ 34.6 33.5
XLF 11.5,11.3 resistance 13.38.