Piker Trader

"Making Embarrassingly Small Trades in a Large Market"

Thursday, June 11, 2009

Shooting Star

SPX has jumped above 950 but has formed a shooting star during 1:00 candlestick. The market is now overbought. Careful being long

Posted by Piker Trader at 6/11/2009 02:08:00 PM

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Piker Trader: New York, New York; pik⋅er 1. a person who does anything in a contemptibly small or cheap way. 2. a stingy, tight-fisted person; tightwad. 3. a person who gambles, speculates, etc., in a small, cautious way. PikerTrader@gmail.com

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I am not giving investment advice. The stocks I discuss or trade ideas are not certified as investment advice. Realistically I will lose money and if you follow me you will too. If you need investment advice seek a Financial Advisor they are begging for business these days and be happy to help you out.

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