02/16/11-Dave Landry's Newsletter-Not The End of The World
Sent Wednesday, February 16, 2011
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Here is today's Market in a Minute:
http://www.tradingcommentary.com/mim/mim021611/mim021611.html
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Random Thoughts:
The indices were soft but it wasn't the end of the world. So far,
they remain in solid uptrends.
Yet again (yesterday notwithstanding): 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 and the market hasn't
pulled back much, there aren't a lot of new setups. Therefore,
watch for new longs but focus mostly on managing 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