03/08/2006
02/28/2006
Web seminar agenda 28.02.06
Agenda for web seminar 28.02.06 Download true_north_web_seminar_agenda_28.02.06.pdf
Pyxis recent trades: Download pyxis_example_trades.pdf
NQ 28.02.06 - 16.54
NQ 1677.5 -- Peaks & troughs getting shorter and shorter & the 20MA has clearly NOT turned positive. Today we have a -BE D to add to the mix, in all likelihood. As we write, volume is above average, although we see no decision yet regarding a more serious type of event, catalysed by market disapproval at inability to vault minor RZs. 28/2 16:57 Download nq28021654.pdf
SMH
- SMH Moves to neutral: Download smh28021636.pdf
ES 28 Feb 06
28/2 10:21 -- The broad market had a decent move above key resistance yesterday, with several notable areas standing out. Big cap tech, including amazingly MSFT (who announced plans for 6 versions of its upcoming operating system, Vista, targeting different categories of users), came to life and gained some traction. Lowe's, following on from Home Depot's strong report, reported healthy numbers. All what the market wants to see: stable & growing consumer spending orientated to the housing market, embryonic signs of a more consistent trend in IT spending & demand across all colours of the spectrum -- consumer, corporate, public spending, international. On our radar remain: SNDK, APOL, TLAB, ES & NQ. We removed AAPL, PD, GLD as the short term focus shifted elsewhere. Elsewhere, CSCO hovers under a major level at 20; IJR (S&P Small Cap ETF) broke out then pulled back & printed a minor bear pattern, as did SPY. Download es28021016.pdf
SNDK 28 Feb 06
These are the first zones of resistance or RZ's...the best fit level at foot of that huge -BE D zone, and the middle of the said major down candle (mid points of major candles are often a reliable minor RZ). SNDK was added to Polaris Trading on completion of the 'close to perfect' +BE D. Volume spike suggests move has further to go but now 70-80% dependent on follow-through from broader market. 28/2 10:38 DJH Download sndk2802061033.pdf
02/16/2006
Chart Room 16 Feb 2006
- INDU breaks out of 2004 highs -- Download indu1602.pdf
- SMH under key resistance -- Download SMH16020937.pdf
- QQQQ MIdday -- Download QQQQ16021232.pdf
