Dave Landry

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Here is today's Market in a Minute:

http://www.tradingcommentary.com/mim/mim021511/mim021511.html

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Random Thoughts:

The indices didn't set the world on fire but they did manage to
close at multi-year highs. As a trend follower, I'm certainly not
going to argue with that. 

I like the fact that the Russell has been strong as of late.
This action has it breaking out of its recent sideways range.

The sector action continues to look great. Again, many of the
weaker sectors have come back nicely. And, most of the stronger
areas remain strong.

Since the methodology requires a pullback, there aren't a lot of
setups with the market at new highs. Therefore, focus on managing
existing positions and wait patiently for new ones.

Futures are 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