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Daily Insight - March 31, 2010 3:30pm***Notice: We will be off-line from April 5 to 9 inclusive for a one week break and to return Monday, April 12, 2010.*** Markets are hanging onto their midpoint support and an imminent move either way away from th...
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Daily Insight - March 30, 2010 3:30pm***Notice: We will be off-line from April 5 to 9 inclusive for a one week break and to return Monday, April 12, 2010.*** Major indices remain ready to stage a Day-1 breakout spike as prices continue to "consolidat...
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Daily Insight - March 29, 2010 3:30pm***Notice: We will be off-line from April 5 to 9 inclusive for a one week break and to return Monday, April 12, 2010.*** Major indices are faring better as the SPX.X moves back in position to stage a Day-1 breakout...
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Daily Insight - March 26, 2010 3:30pmAs expected, further weakness came after an opening pop. Both the SPX.X and COMPX are supporting on their respective midpoints and a break of Friday's vector in either direction on Monday should dictate the next imme...
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Daily Insight - March 25, 2010 3:30pmThe major indices have broken out to new highs but as profit taking continues, Thursday's unrealized gains are waning. Both the SPX.X and COMPX have popped this morning after tracing out yesterday's "inside" pause da...
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Daily Insight - March 24, 2010 3:30pmBoth the SPX.X and COMPX are tracing out an "inside day" and this pause action is a normal event. Prices did not go below Tuesday's lows and are currently supporting around their respective horizontal breakout trendl...
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Daily Insight - March 23, 2010 3:30pmOur outlook for "a Day-1 breakout to new highs this week" has unfolded correctly and with all the bearish pundits on CNN/CNBC in regards to "low volume highs" and "double tops," the Bears will also be forced to "buy ba...
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Daily Insight - March 22, 2010 3:30pmMarket indices have reversed their opening losses and as they churn in positive territory, what we see is that prices are now above midpoint support and also near the upper boundary of their recent consolidation. In ...
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Daily Insight - March 19, 2010 3:30pmBoth the SPX.X and COMPX have pulled back to their respective rising midpoints and even though it looks like the buyers are running out of steam, we will give the benefit of doubt to the Bulls as prices remain in a def...
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Daily Insight - March 18, 2010 3:30pmBoth the SPX.X and COMPX are "consolidating at the highs" of Wednesday's vector and higher prices are still anticipated. No problems for now and more of the same sloppiness is expected into the close."Day Trader" had...
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Daily Insight - March 17, 2010 3:30pmMarkets are making new 52-week highs and as expected, tech index COMPX is exhibiting a "Day-1 upside break." Higher prices are expected."Day Trader" had no trades with IBM as it opened above Tuesday's high, no trades w...
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Daily Insight - March 16, 2010 3:30pmMarkets are moving higher as both the SPX.X and COMPX are posting new 52-week highs. Everything is well and we expect a Day-1 upside break with the techs for Wednesday."Day Trader" scratched CSCO to the positive side...
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Daily Insight - March 15, 2010 3:30pmWith our premise that "prices can move either way on Monday" unfolding correctly, higher prices are still expected as the major indices stay within its defined uptrend of midpoints and the upper TFTF boundary. "Day Tra...
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Daily Insight - March 12, 2010 3:30pmOur expectations that 1150.00 trendline is a strong resistance proved well founded as the SPX.X has trouble blowing through it. So as said, we will be patient to see if the index forms a "double top" or a Day-1 break...
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Daily Insight - March 11, 2010 3:30pmSPX.X is once again challenging the 1150.00 trendline while the COMPX continues to edge higher. More of the same is expected into the close."Day Trader" made $1.12 with AMZN, had no trades with PCLN, and is currently...
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Daily Insight - March 10, 2010 3:30pmOur prognosis that "higher prices are expected for the major indices" have unfolded correctly as the SPX.X challenges the 1150.00 trendline while the COMPX continues to trace out new highs. More of the same bullish b...
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Daily Insight - March 9, 2010 3:30pmAs we always say, "consolidations at the highs" begets higher prices and that is what we are seeing today. Both the SPX.X and COMPX are moving well with the former about to challenge its 52-week highs while the latter...
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Daily Insight - March 8, 2010 3:30pmWith the fact that Friday's up spike is not negated today, we can almost "smell" that higher prices are forthcoming. No problems for now as the COMPX makes new highs and "all systems are Go!""Day Trader" had no trades w...
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Daily Insight - March 5, 2010 3:30pmMarkets have unfolded the way we anticipated and our call that "higher prices are expected" rang true. More upside movement is seen for next week."Day Trader" had no trades as BIDU did not pierce Thursday's high and w...
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Daily Insight - March 4, 2010 3:30pmMarkets are still "consolidating at the highs" and this type of activity is usually a "pause" within an uptrend to wait for the rising red-colored midpoints to help "push" up prices. As such, patience is needed as hig...
