So Far, So Good

On my weekend show, I mentioned that this week would be critical. Why? Because if we are going to start a new uptrend, we need to digest last week's big gains in a healthy manner. Specifically, I would like to see an orderly pullback on light volume, leading stocks acting well, and for more stocks [...]

By | September 7th, 2010|

A Few Market Thoughts…

1) My feeling is that trading this market over the next 3-6 weeks will be a total waste of time. 2) Stocks are forming bases right now, but they need more time to set up properly. PATIENCE is so important right now! 3) I wouldn't be surprised to see the market chop around through July. By [...]

By | June 23rd, 2010|

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