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Quick Update On The Stock Market - Mike Swanson (02/19/10)

Submitted by Mike Swanson on Fri, 2010-02-19 13:43.

I actually did some selling and took some profits this week. If you'll remember I went long the very day the market put in a bottom in bottom in February. No I don't think the market is going collapse or something, I just took this position as a trade and wanted to make a base hit gain with it.

I'm now looking for the next trade to ling up. I talk about that in this really quick update.

Dave Skarica gave a closed door speech at Vancouver Island the other day and is going to put together a version of it for you in a powerpoint presentation. We hope to have it ready for you next week.

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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.

After I retired from the hedge fund world I setup this website and blog. If you sign up for my free weekly email list below I’ll send you an update on average about once a week on my views of the current stock market trends and share with you actionable investment ideas.

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