Wednesday, March 14, 2007

Evening Wrap Up

- give or take $1000.00
This loss was due to MVIS gapping down.

Overall, today was a very bullish day. I believe the volume picked up as the markets advanced, and volume was slight as the market was getting punished. Looking at the chart, it looks like a textbook double-bottom reversal day, with today's low taking out the previous low. There was also solid buying going into the close.

I hope I have some time tonight to review and post more charts and start considering some set-ups. Hopefully what I will find is not charts that look like they are in limbo, as they did last week.

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