DJIM Trader Alerts to 2011
Up to the minute alerts of the stocks DJIM traders are closely watching for a trade, a heads up of sorts. This section is mostly for the trader during market hours and those who are familiar with the DJIM trading methodology. In an effort to get information to you quickly, these alerts may only contain a few words, maybe only a symbol of the stock. It is best you keep up to date on the activities in Trader Journal as most plays originate from that page. Please remember Alerts are not a license to buy, watch for volume, market conditions and other indicators
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Once again support found at ~1048 (remain a cautious bull over this level). A hold above 1057, will be quiet the day. No real selling after Chi ISM, even if it might of looked by SPY/ES. Most of the stocks on our DJIMlist were holding ~1%-2% losses or green, beta-commods' included. That's why we were buying a few trades during slide.
Tomorrow's ISM should still be over 50. There is such a thing as a Milwaukee ISM and it was at 58 up 2, today. So the numbers are all over the place regionally and mkt might grasp.