http://thetradecoach.net Education, Portfolio Protection and Risk Management Wed, 19 Nov 2008 22:30:27 +0000 http://backend.userland.com/rss092 en Greetings from the Traders Expo in Las Vegas.  If anyone is attending and would like to enjoy lunch or dinner on me please send me a message via email or text. 877.995.4111 - TTC 310.995.4111 - Cell As for the market... YUCK... we wait. Coach BD http://thetradecoach.net/members/2008/11/19/1118-market-commentary/ Once again we are reminded... Volatility is alive and well... and continues to drive this market to extremes.  After a beautiful, and much needed, reversal rally yesterday, today's action is again confirming that we are still firmly in the grip of this big bear that has been in control since late ... http://thetradecoach.net/members/2008/11/14/1114-market-commentary/ Watch closely today for a lower low on higher volume which would continue this week's trend of lower lows on higher volume.  That would not be good... but I guess that's not really any surprise to anyone in this market environment. Coach BD  http://thetradecoach.net/members/2008/11/13/1113-market-commentary/ Unfortunately... The averages have broken below their recent lows from last Thursday, and today would be the 3rd failed attempt to move back above the 20-Day MA.   If the markets close below last Thursday's low, there may be more selling yet to come.  The only positive is that the volume so ... http://thetradecoach.net/members/2008/11/11/1111-market-commentary/ OK... Today will be the first significant test of the now flat 20-Day MA on all of the averages.  We want to see the test result in a close back above this first critical support level if this recent rally is to have any chance of continuing. A close below it, especially ... http://thetradecoach.net/members/2008/11/06/116-market-commentary/ Welcome to November... Usually the beginning of the Santa Clause rally.  We would actually like to see a low volume pull-back over this week without a close significantly below the 20-Day MA as a good test of the potential for more gains and a run at more resistance above. Stay tuned, there ... http://thetradecoach.net/members/2008/11/03/113-market-commentary/ Look for a close today on the DOW above 9,363... which was the high on Wednesday during this very good reversal week.  The only thing we don't like is that it appears the volume is drying up to the upside which indicates real caution is still prevalent... Coach BD http://thetradecoach.net/members/2008/10/31/1031-market-commentary/ It appears that the market believes that The FED will cut rates today and add some stability and liquidity to the credit markets and open up lending once again. Regardless of their action however, we need to keep an eye on how the markets approach the resistance above and how the ... http://thetradecoach.net/members/2008/10/29/1029-fed-day/ Well...  OK... That was a very positive up day.  And after 3 high volume reversal days on 10/10, 16 & 23 this could be the day that begins a strong upward move.  Too early to tell for sure but a day like this ending at the highs on higher volume than ... http://thetradecoach.net/members/2008/10/28/1028-market-commentary/ Today was kind of a mixed bag... We didn't get everything we wanted, or needed.  We got the huge high volume gap down at the open, that was good... Then we got a good high volume rally back up, but then the market drifted generally lower until about 3PM when some good ... http://thetradecoach.net/members/2008/10/10/1010-market-commentary/