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06/13/11-Dave Landry's Newsletter-No Place To Run
Sent Monday, June 13, 2011
Got Show? Join me Thursday, June 16th at 11:00 AM Eastern for Dave Landry's The Week In Charts--an interactive webinar. Click below to sign up. https://www2.gotomeeting.com/register/365092227 Got Service? Trading service with low introductory rate: http://www.davelandry.com/shop/ Over 5 years of archives are available on that page too. Got a Minute? Here is today's Market in a Minute: http://www.tradingcommentary.com/mim/mim061311/mim061311.html Got THE book? Amazon has free shipping on my book today (US only, some restrictions). Use this link: http://tinyurl.com/2vo395r 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 Got Random Thoughts: Well, obviously, the market turned right back down, losing around 1 1/2$%. The Ps are within spitting distance of going negative for the year and the Quack is already there. The sector action remains poor. It's now becoming the bigger they are, the harder they fall type of market. The previously strong REITS are a great example of this. So what do we do? It looks like the short side is the side to play. However, avoid getting too aggressive since the market is now very oversold. The futures are firm 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