{"id":2018,"date":"2009-10-09T07:19:05","date_gmt":"2009-10-09T12:19:05","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=2018"},"modified":"2009-10-09T07:19:05","modified_gmt":"2009-10-09T12:19:05","slug":"before-the-open-oct-9","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=2018","title":{"rendered":"Before the Open (Oct 9)"},"content":{"rendered":"

Good morning. Happy Friday.<\/span>
\nLast week ended with 4 consecutive down days that again gave the bears hope, but 4 consecutive up days to start this week have crushed them again. All of last week’s losses have been recovered…the S&P is up 8 for the month and 40 for the week and is only about 15 from its high – not bad. …
\n<\/span>
\nHere’s the weekly…solid uptrend. My only complaint is the pullback wasn’t big enough. Getting 3 or 4 red candles to match the summer correction would have been nice.<\/span>
\n\"\"
\nI still think this trendline on the 60 is significant until it’s proven not to be. It’s been touched enough times in both directions to warrant attention.<\/span>
\n\"\"
\nHere’s the dollar chart. Short term shorts are fine, but until this chart breaks out and rallies, the market isn’t going to crash.<\/span>
\n\"\"
\nIt’s Friday. Trim weak holdings and remembers, earnings season is here. Don’t enter or hold a position into a report. That’s not trading, it’s gambling.<\/span>
\nheadlines at Yahoo Finance<\/a><\/span>
\ntoday’s upgrades\/downgrades<\/a><\/span>
\nyesterday’s Sector Performance<\/a><\/span>
\nthis week’s Earnings Reports<\/a><\/span>
\nthis week’s Economic Numbers<\/a><\/span>
\nopen a real-time futures demo account at…<\/span>
\n\"\"<\/a>
\n