Friday, September 11, 2009

TCM Notes : 9/11/09

  • My thoughts and prayers today are with those that lost loved ones in the World Trade attacks 8 years ago. Life is indeed fragile, and should be embraced with vigor daily as we really never know when it will be our time. Today would be a perfect day to tell family and friends how much they mean to you in your everyday existence. Peace and love are the two things that we should all strive for.
  • All the same market themes we've been looking at remain. However, new leadership has emerged again via the transports. That triggers a Dow theory buy signal, and refreshes the market for a further advance as the financials take a bit of a breather. GS crossed a buy point of 171.04 yesterday and continues to be a perfect barometer of general market direction.