Friday, February 6, 2009

Bull Day 3 - Feb. 6 - Strong Bull Trending Day - Strong Internals in Control.
2D, 5 m. - Feb. 6 - Jack in the Box at the open made taking a position difficult.  The A/D's were 4:1 right from the start.  A/D's are more important at the open than is the UVOL/DVOL.  The opening was, in fact, a "JA" play but the "Out of the Box" made it hard to play.
5D, 30 m. - Feb. 6 - Strong trending market.  The Bull Potato has gathered strength and momentum.  Of course the weekend could lead to a change.  The close was relatively strong.
10D, 60 m. - Feb. 6 - The Bull Potato started at the Gold Spot.  There was a stumble on Wed. but it quickly recovered and has gone on to strength.
3M, Daily - Feb 6 - The Gold Spot shows a long term Bear Potato.  There is a little bullish move in the last few days.  Monday and Tuesday will be of interest to see if the momentum will hold up.

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