Dave Landry

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Random Thoughts:

The S&P rallied nicely out of a pullback in an almost textbook
fashion. Unfortunately, the Nasdaq and Russell stalled. It's just
one day, but I'd sure like to see follow through in technology and
smaller cap stocks.

I guess you can't have it all (and if you did, where would you put
it-that's Steven?, Wright?).

One day at a time. One or two big up days would make all the
difference in the world. 

There are a few areas that are lagging but most remain areas remain
in solid uptrends. Real Estate, Energies, and Silver are notable
standouts. They made new highs on Monday. 

Again, I'm seeing fewer setups since most have already triggered 
recently.

The plan remains the same though. Continue to look to add on the
long side but as usual, wait for entries and honor your stops on
existing positions.

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