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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More like a double with ES up to 1116.
Basel III- MS says 'big positive' for US well capitalized financials (JPM etc.).
China- new data keeps showing economy bottoming, worst of it’s slowdown behind it
= Euro countertrend rally after stabilizing last week, possibly back to 1.30
Journal this week on Europe...it’s the amount of capital raises by banks/countries coming
Support is recent gap 1090/91 area, but that will take more than Euro stuff this week to worry about.