The Weekend Schedule... and Market Conditions Update
Published: Fri, 09/17/10
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The Market Toolbox : You are receiving this e-mail as a part of your free subscription. If you would like to change your e-mail settings please follow the instructions at the bottom of this e-mail. Welcome To: The Market Toolbox Intelligence Report
September 17, 2010 ~ IN THIS ISSUE...
Dear Toolbox Readers,
What a week in the market... depending on your outlook it was either a snooze..or very exciting. The snooze part was just another low volume week that went slightly higher. The exciting part was the market changing direction intra-day all week.
As it turned out we had some really great picks this week and some really boring sessions.
Gold and Silver broke out this week and many are calling for the move to go even higher. There is still no real solutions to the economic crisis and as more people lose their jobs and lose their homes things look to get even worse for the US economy.
While slightly higher in the last few days the VIX and many of the inverse ETFs are setting up for a big snap back rally so keep an eye out for that.
There are many good set-ups building right now in the market as we are either breaking out or breaking down and only time will tell.
Weekend Updates:
Saturday morning we will NOT be having a training session but we will be LIVE Sunday night at 8pm Eastern time.
The HUGE discount on Swing Trading Club and Research Lab joint membership ends Sunday night as well. Be sure to get the special offer and get a whole year of both services for about 10 cents on the dollar. As of this writing we have 2 Days 5 Hours left, so go right away to get the deal.
Moving on...
Sunday Night we are going into some details about the various trading strategies we see setting up for next week I would be there at 8 and see what is in store for us next week. Personally I think next week is pivotal under the current conditions and we should have an answer very soon.
The S&P 500 is straddling the 10 month moving average, the 30 week moving average and refuses to bust out to a new high while hanging slightly above the 200 day moving average.
Net week is crunch time so be sure and get the membership deal and see the show Sunday night!
Until Next Time...
Best Wishes and Good Investing,
Doug Newberry & Bill McKinley The Investing Systems Network
We Welcome & Appreciate Members Like You
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