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March 6, 2008
Thursday:
Expect
the market to begin the day with a bias to
increase as it opens on Thursday and brace for
aggressive increases so long as initial support
remains in tact. Initial support is a key
inflection parameter. Usually this means
that the Market is likely to decline if support
breaks, and that's true for Thursday too,
however this time our Market analysis tells us
something more concrete. Specifically, the
market has built a firm ba se,
and secondary support levels are not far away
from initial support levels. That means
the declines that may follow a break of initial
support, should one occur, are not likely to be
significant unless secondary support levels
break too. In other words, support is
multi-tiered. More likely, according to
the combined near term, mid term, and long term
analysis that we have offered in our Market
analysis pages, the Market should increase
aggressively on Thursday, it should continue to
increase beyond there as well, and eventually
tests of longer term resistance levels should
occur. We have demonstrated this
anticipated market move in our Market analysis
pages and we have prepared detailed correlated
trading plans there as well so that you can
effectively anticipate and navigate the playing
field from here. Review the details now,
prepare for Thursday, and get ready for the next
leg of market direction with a firm
understanding of the trading signals that exist.
Long Term Market Analysis:
The Investment Rate is the most accurate leading
longer-term economic and stock market indicator
available; it told us in advance that 2007 would be a major
transition year and that the market would be ending an
uptrend that began in 1981. Further, according to
the Investment Rate, the Market has already began a
downtrend that will eventually be comparable to the
Great Depression and the stagflation period of the
1970s. Anyone interested in more information about
the Investment Rate should visit
http://www.stocktradersdaily.com/Main/services/investment%20rate.html
Strategic Plan for 2008:
With the findings of the Investment Rate in tow, Stock
Traders Daily developed a strategic trading strategy
in August of 2007. The goal of that strategy is to
offer an alternative to longer term, buy and hold
investments. Since August the
strategic plan has annualized about 100%. The
objective of the plan is to offer buy signals and short
signals when reversal triggers occur. On February
11, Stock Traders Daily identified another reversal
trigger, and the next leg of the strategic plan for 2008
began. The strategic plan helps to keep you ahead of the
curve at all times, it helps you go with the flow of the market, and
it helps you maximize your returns. If you would
like to review it you can visit
www.stocktradersdaily.com.
Automated Trading:
Our ATAP program was designed so people who want to
engage the risk controls of active trading strategies,
but who also have personal obligations which restrict
their ability to watch the Market, can still do so.
Take advantage of these risk controls while you work,
play golf, or trade other stocks. ATAP works as
your eyes, ears, and your hands so you are free to do
other things. Click here t learn more:
http://www.stocktradersdaily.com/Main/services/atap.html
Good Trading
Stock Traders Daily
http://www.stocktradersdaily.com
1.866.213.2067
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