BS"D

Daytrading Course
Learn to Read the Tape
Exploit Pit Pivot Points
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PIVOT MAGIC TRADING JOURNAL - EXCERPT

Good morning and a good week,

Exactly as we predicted in Friday's PMTJournal: "The seven white day candles
in a row Bull trend streak has been broken. The tape is set and primed for
Bear action on Friday. So much for the Fed's $300 billion gesture! . . .
Thursday's day candle . . . also completes a [Bear] reversal signal, making
it very very likely that the plum line (Historical S/R, around 772.5-773)
will be overrun during Friday trading. BEWARE OF TRAPS ON FRIDAY!"

Not much to trade. We did squeeze out one decent trade, AND we gained a bit
of confidence in the PMT Money Management rules, which served us well.

As often occurs, we are expecting a Friday follow-through on Monday.
Be prepared, but . . .

REMEMBER: Trade the tape, not my prognosis!

[snip]

Asher
=] ;-)>
Pivot Magic Trading Course
http://www.tradingthingys.com/PMTJ/Commodity%20Day%20Trading.html

Friday's PMT Chart: