Hedge Against Speculation

Email:




Subscribe to RSS! Subscribe to RSS Comments!
Aug
13

Start Of A New Leg Down?

richardblog

Now I’m not sure if yesterday was the start of a new leg down but it’s a possibility. If I weren’t so invested in oil right now I would be shorting or at least hedging myself from any downward risk. Of the indices, the NYSE looks the weakest and this index should continue to act weak if oil continues to bounce back…which it should because it looks like it has been oversold. As mentioned in a previous post, the indices are reaching its 50 day moving averages. This is an important mark because if we were to break past this level on strong volume the momentum would continue for the bulls.

sp.jpg 

The S&P500 did close above the MA(50) but it hasn’t been following through the last couple days. This is a definite sign of weakness and I would be slowly getting out of long positions in these next few days. After noticing how weak the NYSE was, I decided to get out of McDonalds (MCD) at $66, and I’m glad I did. 

Sorry for the short post, but I will update you guys once I get a clearer picture of the markets. For the time being, I would suggest that you slowly pocket your gains before fully investing yourself again on either the long or short-side.    


Richard
richard[at]hedgeagainstspeculation.com

  1. sapimoto Says:

    May I know, how much safe starting funds to trdae in index? At now, I still trade with little funds in forex.
    Thanks.

  2. Jeflin’s Investment Carnival #1 | Jeflin's Investment Blog Says:

    […] Hedge against Speculation presents Start of A New Leg Down. […]

  3. Dollar dude Says:

    I am little afraid to divert my funds towards NYSE as the oil prices show downside trend. Still looking the stock exchange market with my fingers crossed and my tight wallet.

  4. richard Says:

    sapimoto, the markets are still very volatile at this time…if you have limited funds, I would suggest waiting for a definite trend. consider investing in ETFs instead of those penny stocks.

    Dollar dude, I would stay away from the NYSE for the time being. Capital preservation is key, wait for better opportunities to arise.

  5. Buy a car online Says:

    I read a simliar post just the other day by Sandra Kosineck but yours is much better.

  6. hp ink cartridges Says:

    Added, thanks for this post - it was a good read.

  7. sapimoto Says:

    Thanks for your information…

  8. richard Says:

    No worries guys, thx for the comments, I really appreciate it!

  9. wow gold Says:

    I play wow in 3 years and i know some wow gold,I love wow gold.

  10. wow gold Says:

    We have been an ebay power seller and paypal confirmed seller of wow gold for years.We also offer cheap wow gold.

  11. wow gold Says:

    I know some wow gold in wow,i love wow,love wow gold,love wowgoldshopping.com,too.

  12. wow gold Says:

    We have been an ebay power seller and paypal confirmed seller of wow gold for years.

  13. wow gold Says:

    Buy wow gold now. Welcome to buy wow gold.

  14. Recent Links Tagged With "speculation" - JabberTags Says:

    […] public links >> speculation Start Of A New Leg Down? Saved by gideonro on Wed 22-10-2008 Transfer Speculation: Ruud van Nistelrooy to Newcastle United […]

  15. wow gold Says:

    wow gold
    wow gold

  16. wow gold Says:

    wow goldwow power leveling

  17. wow gold Says:

    This is good news! buy wow gold

  18. knight noah Says:

    We all love game, if you want to play it, please buy knight noah and join us.

  19. Oyun Says:

    too bad

  20. cheap gw gold Says:

    cheap gw gold
    I hope i can get gw gold in low price, and then i can
    save some money.

  21. gold123 Says:

    Take a look at our price of wow gold. You will find it is a loyal and reliable store of cheap wow goldfor sale online. You may compare the price then buy wow gold from us . It will be a great fun that you will save huge money. We know what a gamer need so that we will provide you a really instant way of delivery, if you buy world of warcraft gold, gold wow from us. Just place your order to buy wow gold from us then feel the world class service.
    http://veryge.com/

  22. dofus kamas Says:

    I knew the dofus kamas so I always try my best to earn them more and more to make myself strong. I have never played the game before, at the beginning I did not know what is so I went to kill the monsters with the kamas that I earned with myself in the game.

  23. aion online kina Says:

    Because of aion online kina, I meet a lot of friends.

  24. wow gold Says:

    Compare the price of gold you will find buy wow gold from our is so cheap

  25. WOW Says:

    wow gold

  26. wow gold Says:

    wow gold

  27. FFXI Gil Says:

    Yesterday i bought FFXI gold for my friend.

  28. wow gold Says:

    Buy cheapest wow gold , mmoinn is your best choice! There is no other place than the mmoinn wow Gold Coast . Trading is so surprisingly fast and simple.

  29. seal online cegel Says:

    After school, He likes playing games using these seal online cegel with his friends.
    I do not like to play it. Because I think that it not only costs much money but also spend much time. One day, he give me many cheap seal cegeland play the game with me.

  30. cheap goonzu gold Says:

    Honestly there is no fast way to make lots of goonzu money

  31. atrorksar Says:

    Acheter cialis mediacmens disponibles par commande en ligne! cialiis en ligne. cailis canada phramacie Bon Marche Cialis :] cialis en France

  32. Nifyeffesty Says:

    Achat cialis medicaments disponibles par commande en ligne! Livraison discrete et rapide. Achat de cialis en France avec livraison Achat Cialis en ligne dans notre pharmacie. ;) acheter cialis en linge sans presription

  33. invapoggevobe Says:

    viagra ;())) viagra en ligne. Achetez viagra canada Bon Marche viagra ;) Generique Inde pharmacie en ligne

  34. evofeTopexate Says:

    45545 c krj cs comprare viagra 65196 djh c http://forum.studenti.it/members/onlineviagra.html compra viagra, compra, online :) wttwd 77988 acquisto viagra 79008

  35. invapoggevobe Says:

    viagra en ligne! viagra en ligne. generique pharmacie Bon Marche viagra :) viagra en France

  36. invapoggevobe Says:

    acheter viagra en ligne! Livraison discrete et rapide. acheter viagra Bon Marche viagra ;())) Simple femme en termes de viagra en France

  37. Ceagegapy Says:

    15498 hgdcvd viagra cialis 41500 nbcikrf http://www.carputer.it/member.php?u=10197 cialis, compra, online :) wqiunx 85567 compra cialis 92955

  38. imadalomb Says:

    levitra ! Livraison discrete et rapide. levitra en ligne Achat levitra en ligne dans notre pharmacie. 8) Achat levitra Simple

  39. imadalomb Says:

    acheter levitra :-] Livraison discrete et rapide. a vendre levitra belgique Achat levitra en ligne dans notre pharmacie. :-()) citrate de sildenafil

  40. irringshierse Says:

    cialis :) Livraison discrete et rapide. generique medicaments en France Acheter du CIALIS en ligne :) cialis soft generique

  41. Lomssleefly Says:

    cialis en ligne! cialis en ligne. Achetez cialis canada Bon Marche Cialis =] Achat de cialis en France avec livraison

  42. Osteoftproory Says:

    73291 ehgc jsh comprare cialis 66788 mc fvfss http://www.tomshw.it/forum/members/cialison-line.html acquisto cialis, compra, online :) evdw 20134 cialis 11555

  43. Louis Vuitton Says:

    I really love the new Chanel Purses that are here in 2009!

  44. Perfect World Gold Says:

    Do you want to know the magic of online games, and here you can get more Perfect World Gold.

  45. Rawnegree Says:

    87743 c krj cs cialis online 16514 fdjskv fdvf http://www.tomshw.it/forum/members/c-i-a-l-i-s.html compra cialis, compra, online :) ckdjlsc 80778 cialis 68242

  46. Trokicoca Says:

    10370 vjkfd fv cialis 56680 jhcj http://www.arte-arezzo.it/moodle/user/view.php?id=209&course=1 acquisto cialis, compra, online :) jhbdsfv 98487 cialis 44125

  47. diarescerma Says:

    18577 vbrtbrt cialis 85672 ckjd fkdv http://www.carputer.it/member.php?u=10604 cialis online :) sdjhgsjdfvdf 49343 cialis 23187

  48. Freroanestova Says:

    cialis en ligne! Les prix les plus bas . Achetez cialis canada Acheter de Cialis sur internet. ;())) cialis canada pharmacie

  49. NuannaZency Says:

    acheter viagra =] viagra canada au rabais en ligne sans prescription http://myworld.ebay.fr/1euro-viagra 22035

  50. Oyun Says:

    thanks for you..!
    Hava durumu

  51. John1229 Says:

    Very nice site! cheap viagra

  52. John1229 Says:

    Very nice site! [url=http://yieapxo.com/qroxrvq/2.html]cheap cialis[/url]

  53. John1229 Says:

    Very nice site! cheap cialis http://yieapxo.com/qroxrvq/4.html

  54. John1229 Says:

    Very nice site!

  55. yiwu Says:

    hello, welcome to yiwu.

  56. Sindee Belle Says:

    Cum On Candi

  57. Banging Whitey Says:

    Bootyfull Babes

  58. You Gangbang Says:

    Japanese Bukkake Orgy

  59. hero gold Says:

    I like hero gold very much because it is very useful. In fact at first sight I have fallen in love with hero online gold.

  60. 4story Gold Says:

    I think 4story Luna changes my life. Because of 4story Gold, I meet a lot of friends.

  61. habbo gold Says:

    My friends and I like to buy habbo credits, because the habbo gold is very useful to upgrade equipment.

  62. eve isk Says:

    Do you know eve isk? I like it. My brother often goes to the internet bar to buy eve online isk and play it.

  63. cabal online alz Says:

    Do you know cabal online alz? I like it. My brother often go to the internet bar to buy cabal alz and play it.

  64. dofus kama Says:

    Do you know dofus kama? I like it. My brother often goes to the internet bar to buy kamas and play it.

  65. John160 Says:

    Very nice site! cheap viagra

  66. John160 Says:

    Very nice site! [url=http://ypxaieo.com/rrqaxo/2.html]cheap cialis[/url]

  67. John160 Says:

    Very nice site! cheap cialis http://ypxaieo.com/rrqaxo/4.html

  68. RIdvjOM Says:

    Hi! GwEOgSgW

  69. ????? Says:

    good

  70. John1503 Says:

    Very nice site! cheap viagra

  71. John1503 Says:

    Very nice site! [url=http://opeaixy.com/qsqaaqa/2.html]cheap cialis[/url]

  72. John1503 Says:

    Very nice site! cheap cialis http://opeaixy.com/qsqaaqa/4.html

  73. Kazelguo Says:

    Hi!glub! http://nuggnveg.com ulvnf zifst

  74. Kazelziu Says:

    Hi! http://rltxmqkc.com kybmd xhxcj

Add A Comment