• 757 days Will The ECB Continue To Hike Rates?
  • 757 days Forbes: Aramco Remains Largest Company In The Middle East
  • 759 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,159 days Could Crypto Overtake Traditional Investment?
  • 1,163 days Americans Still Quitting Jobs At Record Pace
  • 1,165 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,168 days Is The Dollar Too Strong?
  • 1,169 days Big Tech Disappoints Investors on Earnings Calls
  • 1,170 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,171 days China Is Quietly Trying To Distance Itself From Russia
  • 1,172 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,176 days Crypto Investors Won Big In 2021
  • 1,176 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,177 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,179 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,179 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,183 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,183 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,184 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,186 days Are NFTs About To Take Over Gaming?
Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

  1. Home
  2. Markets
  3. Other

Royal Flush

4/27/2008 11:08:29 PM

Royal Flush

We've just been dealt one. Here's what to do.

Welcome to Lynn T's 1-2-3 PLUS Alert. To learn more about my Partial Leverage Utilization System, click here.

The SPY continued to move higher on lighter volume, keeping us within the channel of the up trend. At this point in time, all of my indicators are pointing up, placing us in full bullish bias mode. Be careful out there, the bulls are loose and they have sharp horns. Sharp horns can prove distracting if not handled with finesse and care.

That means it's not necessarily time to stare down the bulls with our best poker face. Playing the great hand that has been dealt to us could have a twist. A twist that could have us giving back some of our hard earned money. The house always wins - or so they say. Our method of backing down 1/3 at a time (if need be) will make sure we leave with our shirts still on.

Add another 1/3 bullish position (see new weighting below).

Current Weighting Suggestion:

3/3 in Bullish Leverage

You can email me with any questions at plus@stockbarometer.com.

Have a great week!

 

Back to homepage

Leave a comment

Leave a comment