December 9th Daily Market Comments

Although the Dow is trading slightly lower, the other indexes are trading slightly positive and continuing to trade above the T-line. Today’s trading does not show any major change of investor sentiment in the overall market. This makes each individual chart analysis the important criteria. Be predominantly long but always have safety stop’s in place, i.e. DTIL. The caustic political rhetoric of Washington DC has not put a damper on investor sentiment. This makes the Japanese Rice traders professing of letting the market tell you what the market is doing very poignant as investor sentiment dismisses Washington’s political atmosphere. Stay predominantly long but continue to have safety stop’s in place in case of unexpected news.

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