March 1, 2005: NR

After close analysis:

Omg! Where should I start?? This was one of the strangest days I've encountered in a long while. Chaos, technical difficulties, cable went down, call broker: answer God da** it, place hard stop, check my online account, override stop, esignal down, ensign crashed, nice hit on the trade, what in the world is goin' on??? Did I say, I broke my rules as well, oh yea I DID! Back to market. This was an NR day with fakes and twists that could dry up an account in one day (Can't believe I barely survived it!!, and the support in room was unbelievable!) . Based on today's action, market might be setting up for a TD tomorrow. Too tired and lacked discipline so tomorrow is off for me.

Market breadth was thin as a razor, and I'm talking Add and Addq: both opened much higher than previous day and stayed up. Vold kept creeping higher but w/no conviction, hi for day @572.

Futures were in a very tight range all day. AB wasn't too enthusiastic about participating although it started turning up towards end of day after bouncing off its ema few times. It did b/o out of the morning triangle only for price to return to apex! ES and NQ both stayed above their emas and used them as a crutch, with NQ having a nice movement to the upside. ES200R amazing chart is in bullish zone and had a channel break, let's see if it continues.

Indices ran in the morning, pulled back in afternoon then tried to rally late in the day. SMH & SOX are about to have a major b/o out of a wedge, this is to watch. Dow also stayed in upper range for the day and is about 40 pts. away from breaking 10875 level! Watch out for that!

Overall positive day!