I took a well deserved, at least in my opinion, vacation for the last week and have returned fresh and ready to go. Market is already up on hopes for M &A activity…
I took a well deserved, at least in my opinion, vacation for the last week and have returned fresh and ready to go. Market is already up on hopes for M &A activity…
| ESZ9 For 09/17/2009 |
| Symbol | R1 | R2 | Pivot | S1 | S2 | |
| ESU9 | 1074.92 | 1081.83 | 1061.83 | 1054.92 | 1041.83 | |
Important Economic Announcements Today
![[Report]](http://mam.econoday.com/images/mam/byreport_butt_new.gif)
8:30 AM ET![[Report]](http://mam.econoday.com/images/mam/byreport_butt_new.gif)
8:30 AM ET![[Report]](http://mam.econoday.com/images/mam/byconsensus_butt.gif)
10:00 AM ET
10:30 AM ET
11:00 AM ET
11:00 AM ET
11:00 AM ETLooks like a full slate of interesting announcements in the next two days. I am particularly interested in the employment data tomorrow. Industrial Production and PPI on tap today as we see how well we are steering through the later stages of this recession.
There was a good bit of news driving the market today, and, at times, the traders had a hard to trying to make out just what the news meant. But then Ben got on the blower and said not to worry, things are just fine, end of recession. I’m wondering if all of those people out of work were thinking the same thing. I doubt it.
I believe the action in gold yesterday (Wednesday) should be looked at seriously as it pushes the gold market to its best level in almost 3 months.
http://www.ino.com/info/438/CD3257/&dp=0&l=0&campaignid=3
In my new video, I show you what I think is going to happen to this market in the near term and the long term. I also discuss energy fields as they pertain to gold, and where our Trade Triangles are positioned in the yellow metal.
There is no need to register for this video and of course you can watch it with my compliments. I highly recommend watching this video today otherwise you risk missing out on what could be the move of the year.
Enjoy the video.
http://www.ino.com/info/438/CD3257/&dp=0&l=0&campaignid=3
In case you’ve been sleeping on MarketClub, then here is another reason why I’m a huge fan…their notification tool titled Alerts. This email alert system gives you the ability to stay on top of the Trade Triangles as well as 18 other breakout patterns! Brad Stafford just produced a video that digs deep into the Alerts as only someone on the inside could:
http://www.ino.com/info/444/CD3257/&dp=0&l=0&campaignid=3
The video will cost you nothing is should be enjoyed by all!
David Adams
If you have read my blog for any period of time you know that I stress training and reading to develop a solid foundation for your trading. While I may be a little overboard in my non-stop reading, my general observation is that most novice traders, and no small amount mildly experienced traders have learned to trade some, but lack the requisite foundation to be a super trader.
Note: I do not consider myself anywhere near a supertrader, just very experienced.
Anyway, INO-TV offers a free, I SAID FREE, set of videos for you to watch, and they are just excellent. I seem to absorb information very readily from videos and these videos are packed with information.
Check out the videos, it will be some of the best money you didn’t spend.