Hit The Bid: 3-7-2011 Monday

This blog.....

.....is for my daily homework and some journaling. Hope it helps any and everyone learn and make money. That's what we are here for....to manage risk and make $$$. Wishing you all the best, except when you are on the other side of my trades ;) Also there is a lot of code on this blog that many people have paid ridiculous amounts of money for, in some cases. So if you feel like the code on this blog is worth it throw a few bucks this way, we would appreciate it! I will also be posting some chart definition's for Investor RT. Thank You!

Monday, March 7, 2011

3-7-2011 Monday

Recap: Lots of activity back and forth through the overnight session. VPOC is right in the middle at 1321. Not much has changed overnight.

Plan/Hypothesis: Expecting OAIR. Bearish bias. Will look to sell rallies, but as always, will stay prepared for any scenario.

News:

Dennis Lockhart Speaks
8:00 AM ET

4-Week Bill Announcement

11:00 AM ET

3-Month Bill Auction

11:30 AM ET

6-Month Bill Auction

11:30 AM ET

Consumer Credit
[Report]

[Report]

3:00 PM ET

Quote of the Day: "It was never my thinking that made me money, but always my sitting and waiting." ~ Jessie Livermore

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