Archive for January 24th, 2007

Gav’s Morning Coffee 24-Jan-2007

Wednesday, January 24th, 2007

We have positive buying of NQ futures in premarket. We are likely to have a gap up. From daily chart of Nasdaq composite, I am staying neutral, not bearish though. From 60-minute chart of NQ, we are still in downtrend, however, bears seems to be weaker. I see Adjusted TRIN ...

Still no trade: Testing Patience

Wednesday, January 24th, 2007

I continued staying away from NQ today. I did not find any good setup before lunch hour. There was no clear strength shown from bulls and bears. NQ indeed made a reversed in the mid day. [photopress:NQ5minfulldaynotrade23Jan2007.jpg,thumb,alignleft] Now, I am kinda sitting for another test. Patience. This is another thing I have ...

Disclaimer: Tradergav.com is NOT an investment,trading, legal, or tax advisor, and none of the information available through tradergav.com is intended to provide tax, legal, investment or trading advice.Nothing provided through tradergav.com constitutes a solicitation by tradergav.com of the purchase or sale of securities/futures.

< ? Market Blogs £ >