Friday, October 14, 2011

10/14/11 Morning Prep / Analysis: Futures extend gains after retail sales

Fundamentals: Bullish- Markets to open higher after retail sales and Google earnings.

Technicals: Bullish- Technicals all giving a long bias. Pullbacks are expected but will not be regarded as reversal (only until confirmed).

  
Plan: Very simple plan of attack for us today because of the fundamentals and technicals agreeing with eachother. BUY the seller failures.

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