Current Trade

Thursday, January 20, 2011

On a Thursday a broad market Gap down!!!!!!!!!!

Gap down on the open..... Thursday has been a relief day of a usual course of things.....  A gap down usually signals the closeness of a bounce.... it is a trading bounce, and not to be confused with a solid reverasal.... the type of trade that is successful is an on the cusp buy just at the knifes edge for a ride to reistance in most cases... if you don't sell, then keep the stop tight and take no less than breakeven. Even something you love can drop farther than your wanting if the market spooks and runs.



                                 Dow              Nas             S&P 500


TSX 60            Venture           Nas 100




GLTA Lostoutwest


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