Dave Landry

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Join me March 3rd 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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See my website for last week's recording. 

Here is today's Market in a Minute:

http://www.tradingcommentary.com/mim/mim030211/mim030211.html

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book.  Use this link: 

http://tinyurl.com/2vo395r

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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:

Tuesday scores as a major bummer. The indices tried to rally but
they reversed and then sold off hard. This action has them stalling
short of their prior highs.

As I said in my trading service last night, it's not the end of the
world. One big up day would make a huge difference. However it is
important for the recent lows to hold. This area also corresponds
with the 50-day moving average. 

The above isn't a bull market/bear market "line in the sand." It's
simply an inflection point where I would likely pull in my horns a
bit and possibly fire off a short or two. 

One day at a time. 

Obviously, wait for entries on new positions and honor your stops
on new ones just in case. 

Futures are flat 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