Ustream Back into Effect and Market Analysis

Hello Traders, will be trying this new Ustream function that I setup a while ago but really never used it. Camera is clean and my voice is clear so it should be fun and you guys can see our trading floor. I will be tweeting when I am going on the Ustream so make sure to join the Facebook page and my Twitter. I will try to go on it sometime tomorrow to give it a shot and call out trades. Also please give me a call if you are interested in finding out more information on how you can trade with my firm and in my group. I will be trading on the ustream tomorrow for a test and you can see me live in action....

Todays market action was very news driven as we had Bernanke talking earlier this a.m which caused a nice rally spike to trade in the a.m session. Most of the indices and ETFs sold off there highs and gave back all or most of there gains for the day. Today's market goes to show how volatile these sessions are starting to get. Stocks had a nice rally up and started selling after we had a bull flag trap on the 2 min chart of the S&P 500 which we posted on the blog. That was when I told the group to start looking for weak stocks. If you guys check the post below you will see the chart I posted earlier today showing the trap. Its great stuff and you should join me and my group to see how we capitalize on it. A couple trades we had today was SINA of the open and a trade in RIG which was showing relative strength when the market was chopping around in the first 30 min of open. I will also try to get my intraday videos out around the lunch hour as that should keep me off the keyboards and from overtrading which is a must in this market. Well guys we are doing some great things over here so be sure to follow. Peace

Channel Guy Trader