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Stock Trading Questions - Mike Swanson (06/22/09)

Last week I sent a small survey out to people who just signed up on my free email list the past four weeks to get some ideas of stuff to talk. The responses really had no common theme to them so I just sat down and tried to answer a group of them, most of them had to do with specific stock trading questions or what the market is doing right now.

Yes I think the stock market had made a significant top at around 950 on the S&P 500 that will become the key level to keep an eye on for the rest of the summer. I'm looking for some back and forth action though between 900-930 for this week though before it goes any lower.

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Hello. My name is Mike Swanson. I’m the best-selling author of the book Strategic Stock Trading. In a former life I used to run a hedge fund from 2003 to 2006 that generated a return of over 78% during that time frame. In fact it was ranked in the top 35 out of 5,000 hedge funds in 2005.

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