Dave Landry

Not sure how all this works? Watch this intro video:

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

Join me March 10th at 11:00 AM Eastern for Dave Landry's The Week
in Charts--a free interactive webinar.  Click below to sign up.

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book.  Use this link: 

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Here is today's Market in a Minute:

http://www.tradingcommentary.com/mim/mim030911/mim030911.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:

Well, continuing in the "railroad track" theme, since Monday was
down big, Tuesday was up big. Ahh, if only it were this easy. 

The good news is that this action puts the indices back to near the
top of their short-term ranges. This has them within spitting
distance of multi-year highs. The rally was broad based as
evidenced by the Russ gaining nearly 1 ¾%. 

Let's not start kissing each other just yet. Continue to take
things one day at a time. As mentioned recently, it's important not
to "chase your own tail" when the market is stuck in a range like
this. It'll look bullish as it nears the top and bearish as it
nears the bottom. Wait, don't anticipate. In the meantime, honor
your stops on existing positions and wait for entries on new ones.

I'm seeing quite a few setups in the Energies. So, if you're not
already long there (then you must not have been paying attention
lately), look to get long.  

Futures are flat to soft pre-market.

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. 

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