Dave Landry

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03/17/11-Dave Landry's Newsletter--Musings on Chart Show, Gelato, Bus, Dew, & Do Overs Sent Thursday, March 17, 2011
Got Relief?
My thoughts and prayers go out to the Japanese. 
http://www.redcross.org/
http://new.gbgm-umc.org/umcor/

Got Dew?

THURSDAY, THURSDAY, THURSDAY! My most favorite day of the week.
Join me today Thursday, March 17th at 11:00 AM Eastern for Dave
Landry's The Week in Charts--a free interactive webinar.  Click
below to sign up.

https://www2.gotomeeting.com/register/710669610

I talk really fast. I plan on being jacked up on Mountain Dew
because we have a LOT to cover. Eat your Wheaties if you plan on
keeping up.

No show next week. I'll be in Milan. I know, poor me. I know inside
information is illegal...but....If I were you, I'd buy some Gelato
stocks now because the demand is going to increase dramatically
next week.

Got THE book?

http://tinyurl.com/2vo395r

Got an Intro?

http://www.youtube.com/watch?v=_QsYImR0YTg

Got Italino?

I'll be in Milano March 25, 2011

Per maggiori informazioni:

http://www.davelandry.com/PDFs/landryborsa032511.pdf
http://www.tradinglibrary.it/corsi.php?idCorso=650


Got a Minute?

Here is today's Market in a Minute:

http://www.tradingcommentary.com/mim/mim031711/mim031711.html

Got Charts?

I use Telechart Platinum for all my US equity charting and
scanning.  Use this link for a free 14-day trial. Email me if you
would like my exact scans. 

http://www.worden.com/CURRENTAFPROMO.aspx?AFCODE=136

Random Thoughts:

Wow. The market got slammed in a "did anyone get the name of that
bus" fashion. This action has the Bowtie moving averages converging
and in the case of the Nasdaq, crossing. There's nothing magical
about this but every major top will have some sort of transitional
pattern. However, (and in markets, there's always the "however")
not every transitional pattern will turn into a major top.
Nevertheless, it's worth you attention.

I'm going to flesh out all this later today in the chart show. If
you only make one show this year, this will be it. 

Futures are up HUGE this morning--almost enough to make yesterday a
complete "do over."

As usual, one day at a time.

If the market goes roaring straight back up, then (again) we may
have dodged a bullet. If not, as TFM's you know the routine: you
short it.

In the meantime, honor your stops on existing longs and be very
picky on new ones.

Best of luck with your trading today! 

Dave

Questions? Comments?  Buy my new book, read it, then shoot me an
email at dave@davelandry.com or call me at(1) 985-898-4993. 

Disclaimer:

All predictions are about the future. A lot of $#*!  can happen
between now and then. Don't believe me? Ask the Japanese,
Egyptians, and Libyans. 

Information is provided for educational purposes only. 
See more disclaimers at www.davelandry.com