Posts on ‘February 3rd, 2010’

Previously: Could This Be The Start Of The New Leg Down For BDI?
That posting was posted on 28th Jan 2009, Baltic Dry Index then was at 3118.
Here’s how the Index has been doing since then.

Time to bring out the goats again from the farm and start gloating eh?
As highlighted in the earlier posting Could [...]

The lower open on Wednesday was reversed and the ES rallied to the 1099.50 PowerZone before fizzing out. That set up a good shorting opportunity, and it was trend down to the 1091.00-1091.50 PowerZone. A bounce up to 1096.25 failed, and a drop to 1090.50 was then quickly reversed and the market bounced back. The [...]

So close but yet so far!

We set our bounce levels way back on Jan 25th and just yesterday I posted up the WEAK BOUNCE levels we need to see before taking our bullish betting to the next level but we have only skimmed along our lines, finishing yesterday at Dow 10,296 (down by 2), S&P [...]

39 stocks are up 25% plus in a month. It is a mixed bag with lot of oil and gas and regional  banks play dominating. In the short run sector is often a more powerful driver of moves than earnings, growth, or value.
ABCBBAREBSRRBWSCFLCITPCOHNCROXDPZDSPGETMEXXIDITMNKEYKTIILENLEN.BLYVMAPPMEMMRPEBOPKOHPONEPRXLPVTBRELLSASRSHESSYSSUSQTLBTYPVCIWBSWTNYXTXIZIGOZION

The early game-plan was to short early strength, then beware of a reversal from the 1084.50-1084.00 PowerZone. The ES popped up to the 1088.50-1089.00 zone and reversed, dropping from 1089.00 to1084.75 (1084.00-1084.50 PowerZone) in 5 minutes and then turned back up. The bounce stalled and reversed from 1088.50 and then dropped to the 1084.75 support [...]