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Red
Posts
Gap was filled, but volume is weak…
The gap was filled today on the intraday low from 2008, but I'm still looking to see the closing gap filled at 110.34. Tomorrow is...
Happy Days are Here Again…
Dow 10 Million! Almost sounds like Year 2000! Wow, it's seems that the recovery is real and the recession is over now that we've hit...
In the Eye of a Hurricane…
Today was yet another flat day, as everyone is waiting on earnings to be announced. It feels like we have been in the eye of...
Sitting on the line…
I mentioned that 107.65 spy was an important "line in sand" on a closing bias. It closed today at 107.68! Not a decisive break by...
Weekend Update…
Here we sit at line in the sand. With just a few points away from an extremely important closing price of 107.65 on the spy,...
Flat as expected…
The market was flat today as I expected it to be. More light volume again, which means it's easy to push up. About 135 million...
Unemployment numbers don’t matter…
The market rallies again today as more people are kicked to the curb! It seems that nothing matters to the market, as it rises again,...
Pushing on 1060…
It seems that 1060 held as resistance again today. The Bulls must re-capture 1060 in order to push higher. It looks like it's all up...
The Tide is shifting…
I love it when a plan works out... I had hoped for 1060 and it hit it perfectly! Tomorrow is the big turn date that...
It’s still a bear, even if it looked like a bull today…
As expected, the market rallied up to 1040 and stalled. However, I was looking for one more quick down move to the 1014-1016 area before...
