Trading for the Masses

Back in the Flow

February 26, 2008 · 1 Comment

Slowly getting back to the screens after taking some much needed time away over the past 12 days or so during Prez Week. Last week I saw the market chop and flop all week during the four days we were open and today it appears we have broken out of the range to the upside. What does it all mean? Oil thru the roof new highs right now @ 101’s, Gold hanging near highs, grains still rushing the top end. What inflation. Interest rates moving up still. Trade em smartly. VIX down to 21.7 and looking like 18-20 in our sights before a top is in for this market. It’s still a Fed controlled market, ain’t nothing changed there!!

Categories: Charts · Futures · Psychology · Stocks · Technical Analysis · Trading

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