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Wow another long grinding session. Yes we were down 100 earlier.
But for the past two hours we've been hugging the flat line. They
are trying to get the S&P up and over the 50 day moving
average. As has been the case for months on end, each
As has been the case, they opened us big and popped us higher for
a moment and then sure enough we faded back. although they have
kept us green, it's obviously a struggle for them.
Of the four stocks I said
Wow what a totally uninspired day. The DOW has been in a
tight range every since this am when it plunged down 120 points and
it's just hovered here all day. I'd love to give you some heads up
Just as we figured we've got one of those really directionless
"treading water" type days working here. As I type this at 2:47, we
just went from the DOW up 26, to Up just 2.1. The S&P is
Just a side note first... On Wednesday, Safelite sent out a tech
to replace a broken windshield on my vehicle. The kid was pleasant,
meticulous and showed me each step of the way how it's done. When
he finished cleaning the window, he put
Okay the massive drop of 100 DOW points was over yet another
earthquake in Japan, this time a 7.4 and they did offer up a
we really don't know the scope of things yet, it's too early.
Okay guys, it looks like they're going to pull off a close over
the resistance levels. That should mean that I've got a lot of hot
things to jump on, but frankly, no. They've done the sector
rotation thing like mad, dumping
Okay, it's been one of those days.. no? Yes.
Let's start with the ugly. Yes I took ECA. Yes it ran over the
entry at 35.00, and in no time was 35.22. Then the rugg pull came
and all the way down it went. We
Not a stellar open, we've been hovering in a fairly tight range
all morning. The animal spirit still lives however as right this
second we're up 21 and banging our head against the 12,400 level
again. The basic idea is still that if we
A bit slower out of the gate than I'd have thought, but they got
their Benji bux booster packs on and at 10:20 we hit 12,400,
exceeding the Feb highs and creating a new "recent high". In fact
this is the high