02/11/11 Dave Landry's Newsletter-Indices and Most Sectors Remain in Solid Uptrends
Sent Friday, February 11, 2011
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Here is today's Market in a Minute:
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The indices dipped yesterday but reversed to close well and
slightly in the plus column.
So far, so good--this action keeps them in a longer-term uptrend and
near multi-year highs.
Most sectors also remain in solid uptrends and at or near new
Since the methodology requires a pullback, there really aren't a
lot of meaningful setups. Therefore, focus mostly on existing
positions---take profits/trail stops as offered and honor your
stops just in case.
Futures are soft pre-market (but I'm publishing a little early
today so that's subject to change).
Best of luck with your trading today!
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All predictions are about the future. A lot of $#*! can happen
between now and then.
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