Watchlist for July 30, 2004

We’ve got a couple of economic reports due in the first 30 minutes so I’ll wait until after 10:00 to make any moves. (Mich Sentiment- Rev will be released at approx 9:45am est; Chicago PMI approx 10am est) Currently holding:

On Pins & Needles

I don’t think I’ve seen a day with more gyrations on terrorism news. Just after 2:00 the FBI warned of possible threats in Cali and New Mexico and the market sold off. Then at 3:19 there was news of Pakistan capturing a ‘most wanted’ Qaeda member, which gave the market a little bump. Then less [...]

Watchlist for July 29, 2004

Update: Interesting that KKD made my short list last night and just now there’s an announcement of an SEC investigation. It’s almost as if the chart knew that was coming. Currently holding:

I’m Outta Here

I won’t be making any posts the next two days unless something major happens. I’ve got some errands to run (renewing my car registration, do some work on the money pit, etc.) today and I’m going to try to chill and enjoy my birthday tomorrow. Perhaps we’ll get a big rally now that I’m not [...]

Testing Important Levels

Here are some charts illustrating some of the levels I talked about in the last post: