Daily Updates Category

Posted on October 21 , 2010 In Daily Updates

I Will Get A Lot of It

Tomorrow’s Plan: Well we got the new highs today as well as a nice sell off. The sells offs in the market have been brief, but violent and broad based for the past week. I definitely think there is profit taking, but as long as the market is not taking out new levels to the […]

Posted on October 20 , 2010 In Daily Updates

The Most Important Question To Ask

Tomorrow’s Plan: Well the picture definitely cleared up today! Sell off, what sell off? I shouldn’t say that because today’s stats were kind of meager compared to the decisiveness of yesterday. The internals were all bullish, but volume fell, and the market came off at the end of the day. VIX, on the hourly charts, […]

Posted on October 19 , 2010 In Daily Updates

Karma Never Fails

Tomorrow’s Plan: Just wow, what a day. I guess some Fed guy said in the afternoon that QE2 is not a 100% go, but was still up for debate. Whatever the reason, the market used it to sell off on increasing volume. Today’s stats are like a deep red blotch in an otherwise sea of […]

Posted on October 18 , 2010 In Daily Updates

Trust From Within

Tomorrow’s Plan: The market broke out higher today to new highs on lighter volume, and as of this writing, is right back to the opening price (in the futures). All in all, I guess you could say today was a wash with those kinds of results. Internals were bullish, but Apple came out with earnings […]

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