Hit The Bid: 3-2-11 Wednesday

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!

Wednesday, March 2, 2011

3-2-11 Wednesday

Recap: Big drop yesterday. Expecting inside day unless we open below yesterday's range. Overnight profile is balanced, but as I write this we are biased to the upside, since about 2 AM CST.

Plan/Hypothesis: Expecting OAIR or OAOR. If we open in range, I will look to fade the edges as I will be looking for an inside day. If we open below the range, I will look for an ORR and the selling to continue.

News:

MBA Purchase Applications
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