03/15/11-Dave Landry's Newsletter--Damage Control
Sent Tuesday, March 15, 2011
My thoughts and prayers go out to the Japanese.
After experiencing some natural disasters here in southern
Louisiana, I know that the Red Cross is a good organization:
http://www.redcross.org/
Another organization that I have seen in action is the United
Methodist Committee On Relief. 100% of all funds donated go
straight to relief efforts.
http://new.gbgm-umc.org/umcor/
I'm sure there are others. Let me know and I'll put the links up on
my website.
Join me Thursday, March 17th at 11:00 AM Eastern for Dave Landry's
The Week in Charts--a free interactive webinar. Click below to
sign up.
https://www2.gotomeeting.com/register/710669610
See my website for last week's recording (once there, scroll down
to "recent commentary").
Got THE book?
Amazon has free shipping today (some restrictions apply) on my new
book. Use this link:
http://tinyurl.com/2vo395r
Not sure how all this works? Watch this intro video:
http://www.youtube.com/watch?v=_QsYImR0YTg
Got Italino?
I'll be in Milano March 25, 2011
Per maggiori informazioni:
http://www.davelandry.com/PDFs/landryborsa032511.pdf
http://www.tradinglibrary.it/corsi.php?idCorso=650
Got a Minute?
Here is today's Market in a Minute:
http://www.tradingcommentary.com/mim/mim031511/mim031511.html
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
Random Thoughts:
In a word, UGLY.
The Nikkei was crushed overnight.
The S&P futures are getting creamed.
The market will open sharply lower.
For the disciplined, look to implement a damage control plan. See
the articles on my website on discretion and opening gaps.
No one knows what happens now.
However, it seems a little overdone--sell first and ask questions
later.
Today could be telling.
IF the market finds its low fairly quickly and begins to rally,
then we may have dodged a major bullet.
Obviously, if it turns into something bigger, as trend followers
we'll start shorting.
One day a time.
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