Bernanke spoke last night about the bank stress test results, and about helping the banks that need more capital, raise more capital. Today the market will probably fly high right out the gates. I will be looking for gap and go plays, while then monitoring 10am confirmations, bracketing the appropiate timezones, and waiting to see if we can get a trend day up.
This whole week should be a very volatile week one way of the other because it's options expiration week, so be careful and set tight stops.
Members, the swings listed have started to hit their entry points, and there probably will be more that hit their entry points today. So Yes, "ChaaaaaaaChing!! Season" has officially started.
Members, Swing trades, Day trades, and Core trades on deck... Check the "Trading With Cain" section and the spreadsheet. Also watch the "This Just In" trade section for up to the minute day trades.
"Ask The Pro Hour" 6-7pm EST Mon-Thur check www.thepredatorsden.com for the link
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Happy Trading!
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