02/07/11 Dave Landry's Newsletter-What a TFM has to say about new highs
Sent Monday, February 7, 2011
I have an article out in this month's Traders' Magazine:
http://www.tradersonline-mag.com/
Join me Thursday, February 10th at 11:00 AM Eastern for Dave
Landry's The Week in Charts--a free interactive webinar (and some
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Here is today's Market in a Minute:
http://www.tradingcommentary.com/mim/mim020711/mim020711.html
Random Thoughts:
The Ps and the Quack made closed at multi-year highs. So, as trend
following moron, I'm not going to argue with that. Obviously, the
big blue arrow continues to point higher.
Ideally, I'd like to see some acceleration and for the Russell to
join in.
The sector action continues to look great. Many, like the market
itself, are hitting new multi-year highs. Some, such as the Semis
and Selected Telecom are doing it with vigor.
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. Don't believe me?
Information is provided for educational purposes only.
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