March 22 Recap & WallStrip on CNBC's Fast Money Tonight

| 5 Comments




Well I'm told that there will be a bit of follow-up to this on Fast Money tonight. Be sure to set those TiVos.

Edit: Thanks to Andy for pirating uploading the Fast Money video:

As for the market, it was a snoozer of a consolidation day. It wasn't an exciting day but we may have defined a tight trading range which can be played for a breakout or breakdown.

The Nasdaq chopped around between yesterday's high and its 50-day moving average:


The S&P 500's action was similar:


Trend Table

No changes

TrendNasdaqS&P 500Russell 2000
PrimaryUpUpUp
IntermediateUpUpUp
Short-termUpUpUp

(+) Indicates an upward reclassification today
(-) Indicates a downward reclassification today
Lat Indicates a Lateral trend

5 Comments

Hey Mike,

You posted yesterday's charts!
well, maybe you thought it makes no difference for today :)

damn copy & paste got me again. Thanks for catching that, I'll have to fire my editor (myself!)

What fantastic publicity for Wallstrip! Kudos for Howard and the crew.

I didn't see the first video when it, uh, first "aired." Did Lindsay say "sh*t"?

Oh my...

Wow! I just watched the second clip...

On my...

check out my neighbors in meatspace


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Quoted

"The whole secret to winning in the stock market is to lose the least amount possible when you're not right." ~ William O'Neil
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This page contains a single entry by Michael published on March 22, 2007 5:20 PM.

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