Wednesday, April 9, 2008

Indices Slightly Lower in Pre-market Trading - Stocks to Watch This Morning

Futures are down slightly in pre-market trading. Watch for a break below the short-term support levels...or a breakout through resistance...YES, you have to watch for either outcome and then trade accordingly. AGU, STLD, CF, CLF, FSLR, MON, MOS, POT, PCLN are higher in pre-market trading.

4 comments:

Anonymous said...

Dave, It's great to see you up and blogging. I have been to two of your classes, both AT and Adv. Options and gained a wealth of knowledge from them. I'm glad to be able to get your insights on the market.

I've been waiting patiently (somewhat) for this market to pick a direction. Maybe today is the day...

Thanks again for your help and insight. I look forward to your updates.

Amy said...

I appreciate your no nonsense, straight to business approach with your blog. You are greatly appreciated.

Dave Johnson said...

Short term down trend after Friday's action.

Dave

Dave Johnson said...

Amy,

Thank you. After 31 years in the the business, I grow a tad weary of all the nonense, beat around the bush approaches myself. Maybe our blog slogan shoud be "For traders by a trader, straight talk, no nonsense." Well, we'll see.

Thanks again for your input.

Dave