5/8/2010 gameplan

      Yesterday was a nasty day..One thats not totally unexpected as the signs were there. As we have been posting all day. We have been seeing major distribution days in the market for 2 weeks.  Check again the volume pattern. Notice the how the volume is heavier on red days then green days …

Read more5/8/2010 gameplan

5/4/2010 gameplan

         We now have had 3 major distribution days during the past two weeks.  While the market has been resilient, it’s tough to ignore what’s going on in this consolidation range.  See the big nasty red down days..they are followed up weak up days..  Thats a distribution pattern.    My guess today …

Read more5/4/2010 gameplan