Hit and Run Candlesticks

Trading for Profits LLC

August 16, 2007

Hit and Run Candlesticks

Good afternoon

We still have a downmarket at the time of writing this and it looks as if the Dow, NASDAQ and S&P are trying to put in a hammer, and I use trying very lightly.  We are still trading below the T-Line therefore I see no reason to go long and cash is a very safe place to be right now.We've been trading under the 13 EMA on the 60 minute chart for the last several days and I'm waiting for a candlestick by signal to cross up through that marker and then maybe we can get long.

Rotate your profits,

Rick

S&P-500

The S&P daily chart still trading below the T-Line wait for a candlestick buy signal to cross over the T-Line.

S&P attitude =  Down - Caution

$COMPX

The NASDAQ is still trading below the T-Line, wait for candlestick buy signal to cross over the T-Line.

NASDAQ attitude = Down - Caution

Dow

The Dow is also trading below the T-Line, waiting for a candlestick buy signal across up to the T-Line before going long.

Dow attitude = Down - Caution

Florida Clinic

*Paid Hit and Run Candlestick members: $1,200.00
 
Early Registration: $1,610.00  Click here to buy now
Late Registration: $2,300.00

* Returning Clinic Members $500.00

* Please contact Rick for pricing details

Rick Saddler
Hit and Run Candlesticks
Trading for Profits LLC

Hit and Run Candlesticks

Investing and Trading involves significant financial risk. No communication should be construed as financial or trading advice. All information provided is for Educational Purposes Only