I am not very active this week. FED meeting was one reason.  Low volumes during last 2 weeks is another. I do no see this up move as very bullish. I still see it as possible short selling opportunity.

Especially European indexes are weak link. Check DAX, FTSE, IBEX etc… They will drop much more then US markets I think.

But as US markets are my main place for trading I preferably watch them. And I found relative weakness in Industrials sector.  So I have prepared list of potential short swing trade candidates from this sector. It is also possile to trade it via Short ETF for Industrial sector.

This entry was posted on Thursday, August 7th, 2008 at 1:11 pm and is filed under ETF analysis, Stock market comment. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.