Day Trading – The Bullz And Bearz
Profitable Trading In Any Market – Stocks Options FOREX
Coming Hat In Hand, GM Asking For More Money
February 18th, 2009
Good Morning! First, if you didn’t get to see last night’s video I strongly suggest watching it before we begin. As for today’s actions, like I said last night, I wouldn’t be surprised to see a small rally here today – even if it’s just for a little while – given how oversold we are on the daily chart. Having said that, let’s not get carried away by any rally today as a sign of the bottom – which the media will hope to project. Markets move in rhythm and never straight up or down. As for my shorts, I’ve updated stops a bit, but still remain comfortably letting these run their course and make us a lot of money. As usual, here are the updated S&P support and resistance targets for today.
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Today's Live Market Quotes & Charts
09-03 16:02
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Today's Live Market Quotes & Charts
| DJIA | 10447.93 | ||||
| NASDAQ | 2233.75 | ||||
| S&P 500 | 1104.51 | ||||
| ^TNX | 2.64 | ||||
| ^XAU | 186.81 | ||||
| ^XOI | 989.85 | ||||
| RWM | 40.05 | ||||
| IWM | 64.33 | ||||
| XLF | 14.52 | ||||
| FAZ | 13.64 | ||||
| ERY | 48.70 | ||||
| USO | 33.09 | ||||
| UDN | 26.00 | ||||
| BGZ | 13.94 | ||||
| EEM | 42.03 | ||||
| CMD | 14.53 |
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