Tomorrow looks up

Setting up on close. From below: I'll have to give myself a B- on that call, we got the gap down and reversal finally to nearly break even, not an up day but not much damage either. Buy weakness would have been the best on that one.

Edited by CLK, 12 February 2009 - 04:11 PM.

Setting up on close.



From below:



I'll have to give myself a B- on that call, we got the gap down and reversal finally
to nearly break even, not an up day but not much damage either.

Buy weakness would have been the best on that one.

You made a perfect call yesterday. Thanks.

CP1

If we are talking by 4:00 tomorrow, I'd say down. As for buying weakness-I much prefered coming in short-with the trend.

Edited by thespookyone, 12 February 2009 - 07:06 PM.

If we are talking by 4:00 tomorrow, I'd say down. As for buying weakness-I much prefered coming in short-with the trend.

This is just as tough a call as yesterday, I've got conflicting signals.
Sticking with up, but looking for some reversal from higher.

It is tough, CLK. I like lower because I saw nothing in oil that said bottom, gold looks to plunge, and I continue to not like the internals here. If you think back, these govenment inspired rallys have a VERY quick shelf life. Keep at it, though, nothing like persistance to hone skills!

It is tough, CLK. I like lower because I saw nothing in oil that said bottom, gold looks to plunge, and I continue to not like the internals here. If you think back, these govenment inspired rallys have a VERY quick shelf life. Keep at it, though, nothing like persistance to hone skills!

I need to do more work with internals.

Namo did not drop though.

CLK-Here is a place to start: http://www.etfinvest...e_decline_d.php

If only FIB still had the room going (hint hint) it was the best place on Earth to advance your knowledge on the internals from the best in the business! In the last 10 years, NOTHING did more to increase my trading ability than the kind and generous teaching I got from Fib. I can't begin to say how important the internals can be as a weapon in your TA arsenal-you are on the right track.

CLK-Here is a place to start: http://www.etfinvest...e_decline_d.php

If only FIB still had the room going (hint hint) it was the best place on Earth to advance your knowledge on the internals from the best in the business! In the last 10 years, NOTHING did more to increase my trading ability than the kind and generous teaching I got from Fib. I can't begin to say how important the internals can be as a weapon in your TA arsenal-you are on the right track.

Thanks.

Failed on that one. I know which signal is more important now.