Friday, March 26, 2010

The Daily Note - Down Time

You don't realize how much you miss tools until they're gone. No matter which one that you use daily to do your work, when it is gone, you have to scramble to fix or replace it.

I have been fortunate to have all my tools available at all times, with the exception of a couple of computer or isp glitches; when fixed my tools were still intact. Unfortunately right now that does not seem to be the case all due to what looks like an unfortunate entry of a couple of characters which rendered my Screencast files inaccessible. I hope this will be fixed but as of now, I am unable to use it for saving, uploading or posting links to what I see.

I know there are other systems available which do a good job, but I have found none of them as easy, fast or comprehensive as by TechSmith so I miss this one terribly important tool for my daily work right now. The last file I uploaded was about PCLN which was for a watch on Friday on the 5 minute chart. I can only hope it will be fixed soon.

On to better things: It has been a very exciting week which I am certain my subscribers along with my viewers could take advantage of at least in part. It has not been since July - December 2007 that I last recall such opportunities for stellar performances. 30point days don't come that often with such ease and as of today we had 3 days in the last 3 weeks with such returns. I don't know how long it can last. This stellar rise is now crowning off a year's rise in the markets and I'm not sure that I am being prophetic by using such a term as "crowning" but I cannot find another one that would be as descriptive.

Today, PCLN's rise is case in point, sometimes I see a possibility and call it but when it doesn't play out on the day, I still keep it on the boards to watch and today it took off and hit target soon after open. Okay, nice to have it happen, but what happened from the target price, is to what I am referring in this article, where it gained another 12 points 7 of which it gave back at the end of the day. So that is my fair and final warning sans crystal ball.

Happy Trading, Living and Dancing

P.S. re Seems now I have partial access as my blog is back posting my library, but I do not have direct access yet to post new charts.

Today's BlogPick VNO SUBSCRIBE to the The Daily PlayList Yesterday's Result +30 Points

The Chart above is posted after the original posting of this article. Once was accessable again at 09:25 am eastern

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