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Monthly Archives: January 2006
tuesday update
SHORT TERM: After a quiet overnight session, the market opened to the downside, stabilzed and waited for the FED announcement. At 2:15 PM the FED raised rates for the 14th time in a row, but changed the wording on their statement … Continue reading
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3 Comments
tuesday morning
SHORT TERM: Quiet again overnight. The market resumed its selling this morning following the theme of the last two hours into yesterdays close. We’re at key support levels short term, and it is important that we hold these 10AM lows … Continue reading
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1 Comment
monday update
SHORT TERM: A relatively quiet day with a positive bias, and one of the least volatile days I’ve seen in a long time. We opened on a positive note, sold off some, rallied into the afternoon, and caught some selling … Continue reading
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4 Comments
monday morning
SHORT TERM: Quiet overnight with europe coming in flat and the NIKK and ASX making new highs, HSI was closed. The futures reflected that with a quiet opening and some buying into 10AM. The market seems to be trying to … Continue reading
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3 Comments
weekend update
WEEK in REVIEW: For the first three days of the week the routine was: at the open, the market gapped up from overnight buying created by the rallies going on in europa and the asia markets. And then, after a half hour or so, … Continue reading
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5 Comments