Friday, March 27, 2009

"The Market is Very Reactive to the Actions in Washington."
2D, 15m. - Mar. 27th. - "Failed New Lows" and "Failed New Highs" are opportunities for entry.  A "Double Bottom" or "Double Top" is a Failed continuation of the move.  In other words "Failures" can actually spell "Success" for the Trader.
1D, Tick Chart - Mar. 27th. -  Tick chart shows market movement by Ticks and not by Time.  This can be used in combination with Regression Channels and FNHs and FNLs to spot entry points.  More information is available on request.
20D, 2 Hour - Mar. 27th. - Bull Potato Day 11.  Today was a down day for the market but the Bull Potato remains alive and well.  There are Bearish clouds on the Horizon but for now we cannot count the Bull as being down and out.