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Tuesday, June 16, 2009

A head and shoulder top

If the new house permit number is bullish, why the housing sector is breaking down from a head and shoulder pattern?

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UCLATRADER: I have been actively trading stocks for a living from my home for the past 13 years, and for clients since 07. In addition, I write about the stock market at Blogspot and publish a nightly newsletter "Trading 4 Living". I have a Bachelor of Economics Degree from UCLA. Before I moved back to Beijing in 2007, I had been living in Los Angeles for 10 years. My goal is to help small investors beat the market.

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