jeanlee411

maybe the author meant ... go take a hike?:crap: __________________________ Can you remove this from your Signature Please

By Friday's closure trading moved up because Russel composition was revised and stocks closed in a combined way against the background of increased volume. NASDAQ closed with 0.5% increase. S&P 500 and NYSE lost 0.1%, Dow fell down for 0.4% having shown the fourth distribution day within recent weeks. IBD 100 added 1.2% having gained due to major indices within the third day in succession. Volume grows, stocks decline due to revise of Russel indices. On the last Friday of June volume grew after it had been declining for the most part of the day. NYSE volume increased for 74% and NASDAQ volume grew for 58%. Indirect proof say that Friday's volume increase was related to Russel re-computation. Widely-known Russell Investments' indexes are recomputed every June. Funds related to Russel were selling or buying stocks in respect of whether they are on the index list. Till the last trading hour the volume of two exchanges was below an average level. Whereas other indexes grew, Dow fell down within 8 among 10 recent sessions. Three shares weight down Dow heavily and they did not relate to Russel. Boeing (BA) fell down for 18% within the last 10 sessions; General Electrics (GE) declined for 13%; and Alcoa (AA) lost 10%. On the last Friday of month the best growth shares grew or sharply went down in a large trading volume – almost equally. American Dairy (ADY) added 2.31 and reached 40.96 in triple volume. Valeant Pharmaceuticals (VRX), which started on Wednesday, lost 1.52 and went down to 24.66 approximately in fivefold volume. Hawkins (HWKN), the company of chemical branch, added 0.80 up to 22.50 in more than 14-times fold volume growth. The share was added to Russel composition. Within the last June days news were combined and did not influence much. Private income rate added 1.4%, above the forecasted rate as of 0.3%. Savings ratio sharply increased from 6.9% and it is the best result from 1993 year. It makes investors concern about economic slowdown. Though the news, which impacted stocks, was ambigious. Retail stocks, which would suffer under such a scenario, grew in general. According to the results of the last week of June, major indexes closed in a combined way, only NASDAQ fixed increase. Nevertheless, IBD 100 grew for 0.7% within the last week of month and gained against a broad market.

In fact the trading plan is the first step to be a disciplined trader Do you write your setup in your trading plan too ? If some one can copy/paste the summary of a good and structured trading plan it will be very useful for beginners who want to write their first trading plan. Thank you __________________________ Watch Iron Man 2 Online Free