Live Update

Wednesday, December 1, 2010

12/01/2010 After Bell Quick Summary

The bottom line, the short-term trend is up. I hold partial long position overnight. My short position was stopped out at open along with part of my long positions in order to limit the losses.

I don’t see any tricks for tomorrow but since today is a Major Accumulation Day (NYSE Up Volume : NYSE Down Volume >= 9), so 74% chances we’ll see a higher high (higher than today’s high) tomorrow and it’s almost guaranteed that today’s high is not THE TOP.


The huge up today might again awakes the hope that we could all retire earlier (once again I see my dreamy yacht on the horizon), but on a little bit longer term than short-term, however, I might have a different story which I’ll blah blah in tonight’s report, so stay tuned…

blog comments powered by Disqus


The information contained on this website and from any communication related to the author’s blog and chartbook is for information purposes only. The chart analysis and the market recap do not hold out as providing any financial, legal, investment, or other advice. In addition, no suggestion or advice is offered regarding the nature, profitability, suitability, sustainability of any particular trading practice or investment strategy. The materials on this website do not constitute offer or advice and you should not rely on the information here to make or refrain from making any decision or take or refrain from taking any action. It is up to the visitors to make their own decisions, or to consult with a registered professional financial advisor.

This websites provides third-party websites for your convenience but the author does not endorse, approve, or certify the information on other websites, nor does the author take responsibility for a part or all materials on the third-party websites which are not maintained by the author.