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Daily Archives: May 10th, 2007

Review 5/10/07: DOW, SPX, Nasdaq, SOX, BTK, OIH, GLD

May 10, 2007 – 7:57 pm

You know how your face kind of turns “red” when you hold your breath for too long!? This is what happened today to the markets! I have been saying for the past few days that the indices may be getting toppy. Now, maybe we can breath a little!
The DOW closed -1.11% (hardly […]

By HappyTrading | Posted in Uncategorized | Comments (6)

The “Perfect” Chart!

May 10, 2007 – 7:51 am

Our Zman asked me how I like the chart for TK. I say, it’s a “perfect 10″!!

Just look at that “easy” ride! But, when things get that perfect, it may be time for caution, although, we haven’t seen any sudden moves above the upper BB recently. The next time it happens, it […]

By HappyTrading | Posted in Uncategorized | Comments (0)