Monday, March 1, 2010

Gap up Monday Again

Just read a lot of economic data. It isn't pretty but we are still up. Today i will be traveling so when the market closes this is what i am focusing on.

Does GDX have a strong day compared to GLD

Does the market rally along with TLT rallying.

Does the $VIX close outside its 2 standard deviations.

Then at the end of the day look at the technicals for the $SPX, $DJI, $COMPX. Looking at the MACD and MACD lines. Also studying the volume.

Then finally looking at the 10-day NYSE advanced decline line, to see how overbought we are.

I am as short as i want to be and will do very little today.

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