Dave Landry

Here is today's Market in a Minute:

http://www.tradingcommentary.com/mim/mim020911/mim020911.html

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Random Thoughts:

The Ps continued higher. This action keeps them at multi-year
highs. The Quack and Russ continued their breakout. They too closed
at multi-year highs. 

The action keeps the big blue arrow pointing up.

The sector action continues to look great. I like the fact that
some of the areas that weakened not to long ago have come back with
a vengeance as of late. Selected Metals and the Banks are 2 good
examples here (see the MIM above).

Obviously, the trend remains your friend. However, as always, honor
your stops, wait for entries on new positions, and take partial
profits/trail your stops higher as offered.

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