Trend Models & Trades of the Week
"This week generated a few intriguing new signals from the stock trend models. Accordingly I am highlighting DISH and HGSI as dual Trades of the Week, both triggering Daily SELL SIGNALS.
"There is also a relatively fresh Daily LONG signal for SDS, generated on Thursday's large decline in the SPX. Since SPX is SHORT and SDS is now LONG, let's add LONG SDS as our third Trade of the Week.
"Since all three of these Trades of the Week are on the SHORT side of the market, they are in that sense, all the same trade. I personally prefer to mix my trades, some ETF's, some individual stocks, some options and use these fresh reversals to add to existing positions. But there is a lot that can be said for keeping things much simpler, i.e. establish a SHORT position in the market by going LONG SDS and doing nothing else."
Index, ETF & Stock Trend Models as of June 30, 2010
Disclaimer: Past performance is not indicative of future results