Monthly Archives: February 2009

Pre-Market Update

Posted on February 27, 2009 by Admin

(Note: This DOW chart was screencaptured earlier inthe day and does not reflect yesterday’s closing price)

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What does the futures in the pre-open tell you about the market?

Posted on February 26, 2009 by Admin

TODAY’S STOCK MARKET VIDEO REVIEW I’m releasing today’s Daily Review video early due to family commitments tonight. Enjoy WATCH TODAY’S VIDEO REVIEW:

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Although the market lifted briefly today, it fell hard towards the close

Posted on February 25, 2009 by Admin

TODAY’S STOCK MARKET VIDEO REVIEW As I stated yesterday, “…(the DOW) looks ‘weak’ and has the momentum to fall father and farther…” And although the market lifted briefly today, it fell hard towards the close. WATCH TODAY’S VIDEO REVIEW:

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Intra-Day Update

Posted on February 25, 2009 by Admin

We started trading today with the market on the downside and it continues to trade lower this morning (10:35 AM EST) . As mentioned several times the previous bars’ 50% line on a ‘long’ real-body bar should act as support. … Continue reading →

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Get a fresh perspective on the market

Posted on February 24, 2009 by Admin

TODAY’S STOCK MARKET VIDEO REVIEW As I stated yesterday, “We are getting close, very close to our lower channel line on the DOW. A bounce could happen tomorrow….” That’s what happened. We advanced 236 points on the DOW. Is this … Continue reading →

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Taking this market day-by-day, lower channel line support?

Posted on February 23, 2009 by Admin

TODAY’S STOCK MARKET VIDEO REVIEW We are getting close, very close to our lower channel line on the DOW. A bounce could happen tomorrow or not but I believe we are not yet done on the downside as I have … Continue reading →

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Sideways movement expected for the next week, but be prepared for anything

Posted on February 22, 2009 by Admin

TODAY’S STOCK MARKET VIDEO REVIEW The DOW has declined from near 9000 to where we are currently at 7365 and it has broken it’s November 21st lows. The S&P500 has also declined significantly but hasn’t broken it’s November 21st lows. … Continue reading →

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DOW 7165 is the level to watch tomorrow

Posted on February 19, 2009 by Admin

The market continued it’s decline. The DOW closed at it’s lowest point since 2002. 7165 is the level to watch tomorrow. We will likely get a bounce if any buying steps in. I say “if”… this week I have seen … Continue reading →

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The market moved sideways and formed a 'cross' on the candlestick charts

Posted on February 18, 2009 by Admin

The market moved sideways and formed a ‘cross’ on the candlestick charts: This is either a continuation pattern or a reversal pattern similar to what we saw in TBT a few weeks ago. But the question is “will any rally … Continue reading →

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The DOW lost 297 points… a big move lower

Posted on February 17, 2009 by Admin

The DOW lost 297 points… looks like a big move lower. There are 3 options for tomorrow:

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