Market videos. One stop shopping.

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Re: Daily market video's. One stop shopping.

http://www.livewithoscar.com/

Daily video for 2/5/09, made Tuesday night:
-indicators up
-formation neutral
-trade with formation (H&S)
-2/4 action was swing day
-2/5 will be swing day (rise to Tuesday's high and break down)
-Don't fall in love with the upside
-another leg down coming
-DOW may be headed for 7000
-NASDAQ already open and operating as swing day
-Less than half way through a 15 round bout
 
Re: Daily market video's. One stop shopping.

Among the gazillion lines he drew in every direction, he emphasized a line connecting the Nov 20 low to January low to another low, which is up and to the right, up to Friday's close. He said that line (of higher lows) was critical and unless the mkt broke below he continued to have a positive bias. I guess that means he's now bullish on the trend?
 
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