James Altucher Says Time To Load Up On This Market (SPY, QQQQ, XLF)

by Benzinga Staff
May 21, 2010 8:48 AM | 22 seconds read | Make a Comment

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

James Altucher, stockpickr founder and Managing Director at Formula Capital, made a significant long call on twitter this morning. Mr. Altucher said he is looking to buy stocks today. James Altucher said, "My prediction for today. The day looks like 9/21/01. bottom by 10am then up for next 3 months. Going to put my money on this."James continued, "Europe has to take forceful QE action today or this wkend

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

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Posted In: Long IdeasTrading IdeasDan GilbertFormula CapitalHoward LindzonJames Altucherstockpickrstocktwits

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