Not much changed today over yesterday… After an extreme snapback opening rally in the first 6 (SIX) minutes of today trading, it was mostly downhill today, including a swift and sudden plunge beginning just before [...]
Coach BD
12:16 am, 12/13/2007
Obviously, the market did not repsond positively to the FED’s action today. * It appears that everyone was expecting a 1/2 point cut and that the markets had already priced that in. [...]
Coach BD
12:10 am, 12/12/2007
Though the market was strong out of the gate today, from about 10:30 on it was pretty flat on about equal volume to Friday’s action. It is clear traders are [...]
Coach BD
9:58 pm, 12/10/2007
Hello All, As I hope you all have seen, we are trying to post daily now and respond to questions from many of you about commentary and strategies, etc… We are also [...]
Coach BD
9:52 pm, 12/10/2007
Excellent inquiry and understanding of our Long Trading Rules from Leo… Our responses are included below. Leo wrote: “Good afternoon, When you have a moment, please clarify one item if [...]
Coach BD
11:05 pm, 12/07/2007
Well, we didn’t get that follow through rally we were hoping for today. However, both the DOW and S&P closed above their 50 Day MA’s on generally weak trading, and on weaker [...]
Coach BD
10:25 pm, 12/07/2007
As we noted in yesterday’s markey commentary, today both the DOW and S&P tested their respective recent highs for much of the day. Finally, following the President’s announcement about mortgage [...]
Coach BD
1:30 am, 12/07/2007
Today showed some positive signs but still nothing definitive, and all on just average volume. Both the DOW and S&P made runs at their recent highs today but fell short. [...]
Coach BD
10:58 pm, 12/05/2007
A continuance of the downward trend still appears to be in place. Over these first two trading days of DEC no positive action has occurred to reverse this trend. Today the [...]
Coach BD
9:59 pm, 12/04/2007