Sunday, October 25, 2009

Stock Market Video - Weekend Market Summary - 10/25/09

Hi, traders. Here's a free video for the weekend - I didn't see a ton of quality plays out there so this is a shorter video and available to anyone that wants to check it out. I think caution is the name of the game right now - as I show in the video, there are many negative divergences out there that suggest a pullback is coming soon. However, we are still in a market where anything that looks obvious has not played out so obviously, so be aware. I think a lot of people could get chopped up next week (the past three days were an example of that) so unless we get a clear breakdown or a clear breakout, I will likely be sitting things out. Hope you enjoy the video, and best of luck in the week ahead.

No comments: