daytrade diaries... tuesday, page-17

  1. 12,414 Posts.
    Morning all... infact a very good morning to you all.

    Well I really dont know where to look this morning, im going to try and get a few good scalps out of the financials and REIT's.. I think we will see a strong open, small pull back with the run to continue on a nice and slow incline into the afternoon..

    Here is a chart of the DJIA. Key resistance @ 7500 has been broken, so who knows where we are off to from here.. I have placed a few obvious resistance lines on the chart to show where next stops may be.



    Anyway, I am very very pleased with the way the US government has stepped up to the plate as far as toxic assets are concerned. Its a very interested concept and one which I believe will be very very good for the return of life to the economy... I just wish our government leaders like Mr Rudd and Mr Swan would use their brains to deal with our issues.. Most of the decisions been made are simply quick win vote tactics.. (anyway, thats enough from me)..

    I will be watching everything today... Keep you posted on my specifics when it gets closer to open..

    Good luck today all

    Cheers
    Kevi

 
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