Exits and Entries and the importance of time
…
The market took a giant pause-ok-poetic license-with inside days (when the range of the day is literally inside the range of the day prior) in the S&P 500, NASDAQ and Russell 2000s. The Dow nearly had one, but took out …
Now we wait, but in very fine shape
…
Folks at home will hear the reports that the Dow closed up 118 after trading much higher intraday. It closed very close to the intraday lows, but also held the gap way better than any of the other indexes did. …
Never hurts to lock in and manage the balance for more upside potential
…
Rather docile, slow grinding rally to end an already strong week. Some equivocation by the “experts” on whether or not the FED will taper given the tepid retail sales number. Whatever, the Dow continued to firm, along with the small …
I really do not want to see what I have been writing about all week come to fruition. The Dow as the laggard catching up with its move over the 50 DMA (confirming a bullish phase) as the other indices …
The Macro picture-still divergent with picks, profits, losses
…
The index that went up the most during Wednesday’s session for a second day in a row is DIA or the Dow Industrials. I once again begin with this factoid as A) DIA had been the laggard B) with the …
Exits just as important as entries
…