WEEKLY TECHNICAL COMMENTARY: FURTHER CONSOLIDATION

My activities today will be limited as I make preparations to head back to Los Angeles this weekend.

I expect further consolidation across the general market as well as further pattern failures in individual names. Consolidation generally makes it more difficult to day trade, fyi.

IMPORTANT DISCLOSURES

Disclaimer: This does not constitute an offer or solicitation of any transaction in any securities referred to herein. Any recommendation contained in this report may not be suitable for all investors. Furthermore, the information contained is being furnished to you for informational purposes only, and on the condition that it will not form a primary basis for any investment decision. Investors must make their own determination of the appropriateness of an investment in any securities referred to herein based on the legal, tax, and accounting considerations applicable to such investors and their own investment strategy. Neither LCM nor its author shall be responsible for any investment decision.

Friday, November 20, 2009

FURTHER CONSOLIDATION

1 comment:

WEEKLY TECHNICAL COMMENTARY

About Me

Twitter Updates

WeeklyTA's Updates

Blog Archive

First Things First

Master Reading List

Past Commentaries (PDF)

details on the private coaching and premium newsletter (separate from free commentary)

my technical trading 101 series

past educational blog posts

Chart sites

Technical Analysis Games

Major Financial Outlets

Stock Screens & Scanners

Trader's Resources

Industries, Sectors & ETFs

Calendars & Events

Market & Technical Indicators

Market News of All Sorts

Economic Analysis

Economics, Government, Regulatory

U.S. & Global News

Hedge Fund sites

Hedge Fund Letters

MarketClub Videos

Trader's Whiteboard Videos

My Blog List

CHAT

IMPORTANT DISCLOSURES