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Feb 18, 2009

Where is the bottom in the Dow? Does it matter?

Today´s contribution of Adam Hewison, is about how to determine a trend, how can a trend become your friend ???

Today we looking at trends and how important they are in trading.
In particular, we’re going to be looking at the DOW (DJI) and how it has continued to trend since June of ‘08.
I have watched with amusement, as several “GURUs” have been trying to pick a bottom in this index. As I have stated many time before, it’s not over till it’s over and trying to pick bottoms is not a smart thing to do.
The negative trend for the DOW is intact and remains in place. In this new video, I will share with you a simple trick that will help you to avoid the temptation of trying to pick a bottom. In fact, I will show you step-by-step why the DOW is still in a negative trend.

The video is free of charge and there is no need to register to watch this short educational trading video.

To watch the vieo , just click HERE