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Trade Journal By M.A. Perry
Trader and Founder of WRB Analysis (wide range body analysis)

Trade journals are crucial in preventing us traders from becoming complacent or content with our trading plan or the markets because without having the ability to review archives of past trading days in a forever changing market...we won't know it's time to adapt when change occurs in the markets because broker statements alone doesn't help us keep that edge in comparison to a trade journal. In addition, this public trade journal contains useful trading tips a few times per week to encourage readers to return for more information and to help ensure I myself don't forget the importance of basic concepts within my own trading plan. Further, there are market summaries from Youtube Bloomberg, CNNMoney and Yahoo Finance as a quick archive of what happened in the markets on a particular day of trading. Thus, if you're looking for trading tips and market summaries that can improve your trading and/or understanding of what happen on a particular day that involves more than just entry signals...consistently read this trade journal and the #FuturesTrades chat room logs where I post my trades in real-time from entry to exit (see link below) via my IRC user name wrbtrader.

Today's #FuturesTrades chat room logs is archived @ http://www.thestrategylab.com/ftchat/forum/viewtopic.php?f=78&t=614

click on the below image to view normal size

Trade Performance for Today: +9.40 points or $940 dollars in the ICE Russell 2000 Emini TF ($TF_F) Futures.
1 tick or 0.10 = $10 dollars and to find out more contract information about the Russell 2000 Emini TF...click here.


FYI - You can ask me questions here at the forum or you can tweet me on twitter about any thing related to today's trading or related to your own trading.

@ http://twitter.com/wrbtrader

In addition, posted below are direct links about my trade methodology or trading approach that enables me to identify key trading areas in the price action that represent changes in supply/demand and volatility along with being able to exploit these changes via WRB Analysis (wide range body analysis).

WRB Analysis Tutorials @ http://www.thestrategylab.com/WRBAnalysisTutorials.htm and there's a free study guide of the WRB Analysis Tutorial Chapters 1, 2 and 3 @ http://www.thestrategylab.com/tsl/forum/viewforum.php?f=119. However, you must join the TSL Support Forum to access the free study guide. To register...click here.

Volatility Trading Report (VTR) @ http://www.thestrategylab.com/VolatilityTrading.htm

Daily Trade Routine @ http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=121&t=761

------------------------------

Special thanks to Bloomberg, CNNMoney and Yahoo! Finance for their market summaries.

U.S. Stocks Rise as Jobs Report Boosts Economic Optimism: Video
Sept. 3 (Bloomberg) -- Bloomberg's Elizabeth Faublas reports on the performance of the U.S. equity market today. U.S. stocks rose, with the Standard & Poor's 500 Index gaining a fourth day and the Dow Jones Industrial Average erasing its loss for the year, as better-than-estimated growth in private payrolls eased concern the economy is sliding back into a recession.

Dow Back In The Black For 2010

click on the above image to view normal size

By Ben Rooney, staff writer
September 3, 2010: 4:57 PM ET

NEW YORK (CNNMoney.com) -- Stocks closed near session highs Friday, with the Dow erasing its losses for the year, as investors welcomed a better-than-expected report on the U.S. job market.

The Dow Jones industrial average (INDU) rose 128 points, or 1.2%. The S&P 500 (SPX) gained 14 points, or 1.3%, and the Nasdaq (COMP) composite rose 33 points, or 1.5%.

The rally pushed the Dow back into the black for the year. At roughly 10,448 points, the index is up nearly 0.2% since it closed at 10,428 points on Dec. 31.

All three major gauges ended the week with gains. The Dow added 2.9% this week, while the S&P 500 rose 3.7%, and the Nasdaq advanced 3.7% over the last five days. It was the first weekly gain for all three gauges in three weeks.

The advance was broad-based. Caterpillar (CAT, Fortune 500) and Boeing (BA, Fortune 500) led gainers on the Dow, in what was a solid week for industrial names. But shares of consumer-linked stocks, Coca Cola (KO, Fortune 500) and McDonalds (MCD, Fortune 500), weighed on the blue-chip index. Telecoms AT&T (T, Fortune 500) and Verizon (VZ, Fortune 500) lagged, while tech bellwether IBM (IBM, Fortune 500) added over 2%.
Where to invest $10,000

The better-than-expected jobs report, which came on the heels of improved manufacturing data earlier in the week, helped ease some concerns about the economy. But a report on activity in the services sector came in weaker than expected.

Meanwhile, yields on U.S. Treasury bonds and notes rose as demand for safe-haven assets waned. Gold prices fell.

"It's all about the payrolls number," said Tom Schrader, managing director at Stifel Nicolaus.

While the jobs data suggests the economy could avoid a "double-dip" recession, he said investors remain nervous about the outlook for short-term growth. In addition, concerns about growth in China and lingering debt problems in Europe also continue to weigh on the market.

"There's still a lot to worry about," Schrader said.

Trading volume was light with many market participants on vacation. On the New York Stock Exchange, advancers beat decliners by roughly two to one on volume of about 1 billion shares.

Looking ahead, there are relatively few economic reports for investors to digest next week and one fewer trading day on the calendar. U.S. markets will be closed Monday for the Labor Day holiday.

Stocks had ended higher Thursday as investors cheered strong sales results from major retailers and better-than-expected reports on pending home sales and jobless claims.
0:00 /1:42Where to invest now

Economy: The government's widely anticipated jobs report showed that the U.S. economy lost jobs for a third straight month in August, but employers cut fewer positions than economists had forecast.

The economy lost 54,000 last month. That compared with 131,000 jobs shed in July. Economists were expecting employers to slash 121,000 positions in August.

The private sector added 67,000 jobs, beating economists' expectations for a gain of 44,000. The unemployment rate ticked up to 9.6%, from 9.5% in July, in line with expectations.

"Payrolls continue to be added in the private sector, but at a painfully slow pace," said Jim Baird, chief investment strategist for Plante Moran Financial Advisors. "Companies remain in a preservation mode and have continued to seek out alternative ways of increasing production."
Quit whining, Wall Street. Nothing has changed.

Meanwhile, the Institute for Supply Management's (ISM) services index slipped to 51.5 in August from 54.3 in July. Economists had forecast a decline to 53, according to consensus estimates from Briefing.com.

World markets: European shares closed higher. The CAC 40 in France rose 1.2%, the DAX in Germany gained 0.8%, and Britain's FTSE 100 gained 1%.

Asian markets ended mostly higher. Japan's benchmark Nikkei index rose 0.6%, and the Hang Seng in Hong Kong added 0.5%. The Shanghai Composite ended unchanged.

Currencies and commodities: The dollar fell against the euro and the British pound but was higher versus the Japanese yen.

Oil futures for October delivery fell 64 cents to $74.38 a barrel. Gold for December delivery fell $2.30 to $1,251.10 an ounce.

Bonds: The yield on the 10-year Treasury note rose to 2.71% from 2.61% late Thursday.



Yahoo! Finance

4:30 pm : Thanks to better-than-expected data, the mood among market participants has improved drastically since August. In turn, September has started three straight gains for a cumulative climb of more than 5%.

Jobs figures for August inspired buyers on Friday. The consensus among economists polled by Briefing.com called for nonfarm payrolls to drop by 120,000 in August, but nonfarm payrolls fell just 54,000 instead. What's more, private payrolls increased 67,000, which is much stronger than the increase of 44,000 that had been widely expected. Despite the stronger-than-expected statistics, the headline unemployment rate remained steady at 9.6%, as expected.

Encouraging jobs numbers complemented better-than-expected data from earlier in the week, namely upbeat readings on consumer confidence and a strong ISM Manufacturing Index. However, the ISM Service Index for August disappointed this morning. It slipped to 51.5, which is below the 53.0 that had been widely expected.

Though the ISM Service Index invited some profit taking that caused stocks to pare their gains, buyers stepped back in to boost stocks in afternoon trade and help them settle near session highs. Such a bid gave stocks their fourth straight gain, during which time the S&P 500 has advanced 5.3%.

The early September surge contrasts with the month's historically poor performances. However, heading into September stocks had become oversold amid considerably bearish sentiment. That led to attractive valuations, such that the S&P 500 traded with a forward P/E of 11.9x, which many viewed as attractive in light of the forward P/E of 11.1x that was seen at market's multiyear low in March 2009, when the economic backdrop was arguably much more dire.

The stock market's newfound strength has caused volatility to drop sharply over recent sessions. More specifically, the Volatility Index has dropped more than 20% during the course of the past four sessions and now sits below its 200-day moving average for the first time in about three weeks.

Despite the release of the highly anticipated jobs report, participation remained unimpressive as fewer than 1 billion shares were traded on the NYSE for the second straight session. That lackluster total is partly due to continued skepticism of the market among retail investors and institutional trading desks being lightly staffed ahead of Labor Day, which will keep U.S. markets closed on Monday.

An improved mood among participants caused many to rotate out of Treasuries. As a result, the yield on the benchmark 10-year Note moved back above 2.70%. Between its weekly low and its weekly high the yield on the 10-year Note climbed about 30 basis points.

The dollar also fell out of favor. Relative to a basket of competing currencies it fell 0.5% in its third straight slide.

Advancing Sectors: Financials (+2.2%), Tech (+1.7%), Consumer Discretionary (+1.5%), Industrials (+1.4%), Materials (+1.3%), Energy (+1.0%), Health Care (+0.9%), Consumer Staples (+0.6%), Utilities (+0.6%), Telecom (+0.3%)
Declining Sectors: (None)DJ30 +127.83 NASDAQ +33.74 NQ100 +1.6% R2K +1.8% SP400 +1.4% SP500 +14.41 NASDAQ Adv/Vol/Dec 2020/1.65 bln/591 NYSE Adv/Vol/Dec 2343/945 mln/648

3:30 pm : Oct crude oil closed lower by 0.6% to $74.60 per barrel, unable to hold onto gains from this morning's better-than-expected non-farm payrolls data. Oct natural gas rallied for 3.9% to settle at $3.93 per MMBtu, breaking out of its recent one week range. Oversold conditions helped natural gas move higher today.

Dec silver closed up 1.2% to $19.95 per ounce. It traded higher throughout the session to trade to its best levels since March of 2008. Dec gold finished down -0.3% to $1251.10 per ounce. This morning's economic data sent gold futures lower as the risk switch was momentarily turned back one. DJ30 +104.98 NASDAQ +28.24 SP500 +11.85 NASDAQ Adv/Vol/Dec 1867/1.3 bln/724 NYSE Adv/Vol/Dec 2216/660.2 mln/768

3:00 pm : Stocks failed to return to their recent highs and, in doing, so have invited a bit of selling. Whether the resulting downturn accelerates as participants take profits ahead of the long, holiday weekend has yet to be seen.

Participation remains unimpressive ahead of Labor Day weekend. More specifically, barely 600 million shares have been exchanged on the NYSE so far. Such a pace of trade matches that of the prior session, when total trading volume at day's end didn't even break 1 billion shares on the Big Board. DJ30 +89.61 NASDAQ +25.16 SP500 +10.20 NASDAQ Adv/Vol/Dec 1804/1.23 bln/775 NYSE Adv/Vol/Dec 2163/612 mln/806

2:30 pm : Stocks are slowly making their way back toward session highs. For the S&P 500 that level stands at 1105, which is currently just a couple of points away.

Financials are still out in front of the broader market. The financial sector is up 1.9%, which puts it back it its best level of the day. Shares of Janus Capital (JNS 10.12, +0.63), Goldman Sachs (GS 147.70, +7.92), Genworth Financial (GNW 12.00, +0.65), and E*Trade Financial (ETFC 14.13, +0.52) are the top performers in the space. However, bank stocks like Bank of America (BAC 13.52, +0.24), Wells Fargo (WFC 25.77, +0.67), and JPMorgan Chase (JPM 39.00, +0.84) are getting the most attention in terms of share volume. DJ30 +110.31 NASDAQ +29.90 SP500 +13.03 NASDAQ Adv/Vol/Dec 1801/1.14 bln/749 NYSE Adv/Vol/Dec 2210/567 mln/721

2:00 pm : The major market averages are off their best levels of the session, but still well above the flat line heading into the final two hours of trading. The Nasdaq (+1.3%) is once again leading the climb higher, followed by the S&P 500 (+1.2%), and the Dow (+1.1%).

Interestingly, while equities are back near their best levels of the day, so too are treasuries. Immediately following the better-than-expected jobs data, the 10-yr yield climbed from 2.644% to 2.764%, its highest yield since August 10th. Treasury yields have fallen throughout the course of the session, and are now trading near their lowest levels post jobs data with the 10-yr yield back near 2.70%. The yield on the 10-yr has climbed over 30 basis points over the past three trading days. DJ30 +114.13 NASDAQ +29.47 SP500 +13.36 NASDAQ Adv/Vol/Dec 1723/1.1 bln/807 NYSE Adv/Vol/Dec 2207/524.5 mln/720

1:30 pm : The S&P 500 recently moved back above the 1100 line, but it hasn't done much since. Instead, it continues to drift along quietly.

Share volume has been moderate this session. The monthly payrolls report invoked a pickup in trading volume, but many trading desks are also thinly staffed ahead of the long, holiday weekend (U.S. markets will be closed on Monday for Labor Day). Those themes make it difficult to discern whether there is much conviction behind this session's action since high-volume trade is often equated with high participation and a common belief among broader market participants. DJ30 +98.24 NASDAQ +26.11 SP500 +11.33 NASDAQ Adv/Vol/Dec 1709/975 mln/814 NYSE Adv/Vol/Dec 2148/490 mln/757

1:00 pm : Stocks are off of session highs, but the overall mood among market participants remains positive following the latest payrolls report.

Buyers have been in control for three straight sessions. They were most recently emboldened by the August jobs report, which indicated nonfarm payrolls fell a smaller-than-expected 54,000 last month and private payrolls climbed a stronger-than-expected 67,000. However, the headline unemployment rate remained steady at 9.6%, as expected.

The better-than-expected jobs picture helped drive the S&P 500 it its best level in three weeks, but enthusiasm waned when it was learned that the August ISM Service Index slipped more than expected to 51.5.

Still, stocks remain in higher ground with heady gains as they extend their recent string of gains. In the first three sessions of September, the stock market has almost entirely recovered the near 5% that it lost in August. Such a strong start to the month has the Volatility Index below its 200-day moving average for the first time in about three weeks and down 15% since the start of the month.

Though this session's advance has been broad based, financials and tech plays have put together the best gains. The two sectors, which are the largest in the S&P 500 by market weight, are up 1.7% and 1.3%, respectively.

In contrast, telecom stocks and utilities stocks are trailing the broader market for the second straight session. The two sectors are up just 0.1% and 0.2%, respectively.

An increased tolerance for risk has prompted participants to turn on Treasuries. As a result, the yield on the benchmark 10-year Note is back above 2.70%. From its weekly low to its high of 2.76% this morning, the yield on the 10-year Note climbed about 30 basis points.

The dollar has also been dropped for a marked loss. It is currently down 0.4% against competing currencies and off by 1.3% since the start of the month. DJ30 +95.63 NASDAQ +24.35 SP500 +11.39 NASDAQ Adv/Vol/Dec 1646/904 mln/867 NYSE Adv/Vol/Dec 2129/455 mln/751

12:30 pm : All three of the major market averages are moving sideways with a healthy gain. Resistance against the broader market has made the S&P 500 slow to make a move back toward the 1100 line, which is about where stocks began the session after it gapped up at the open.

The steady gains this session have caused volatility to cool. Specifically, the Volatility Index is down 5.0%. This is its fourth straight down session to below its 200-day moving average for the first time in about three weeks. The cumulative loss in those four sessions currently stands at 19%. DJ30 +71.90 NASDAQ +19.56 SP500 +8.58 NASDAQ Adv/Vol/Dec 1621/830 mln/885 NYSE Adv/Vol/Dec 2074/418 mln/809

12:00 pm : Commodity prices remain mixed in pit trade. That has left the CRB Commodity Index to move sideways along the neutral line.

Within the CRB, oil prices are down 2.0% to $73.55 per barrel, but natural gas prices are up 2.0% to $3.83 per MMBtu.

As for precious metals, gold prices are down 0.2% to $1249.70 per ounce. They were as low as $1238.10 per ounce in the mintues that immediately followed the release this morning's better-than-expected jobs report. Meanwhile, silver is up 1.2% to $19.87 per ounce after recently easing back from $19.93 per ounce, which marks a new 29-month high. DJ30 +67.51 NASDAQ +19.05 SP500 +8.02 NASDAQ Adv/Vol/Dec 1610/771 mln/844 NYSE Adv/Vol/Dec 2046/391 mln/803

11:30 am : The S&P 500 recently bounced off of the 1095 line to reclaim some of its gains. Financials and tech stocks, the two largest sectors in the S&P 500 by market weight, have been a positive force in recent trade. The sectors are up 1.4% and 1.1%, respectively. Their gains are unmatched by the other sectors.

Treasuries remain under stiff pressure. Specifically, the benchmark 10-year Note is down 25 ticks so that its yield is up above 2.70%. From its weekly low to its high of 2.76% this morning, the yield on the 10-year Note climbed about 30 basis points. DJ30 +65.54 NASDAQ +19.25 SP500 +7.96 NASDAQ Adv/Vol/Dec 1599/680 mln/823 NYSE Adv/Vol/Dec 2060/350 mln/766

11:00 am : Stocks have been steadily descending for the past hour. Despite the slide, the major indices remain in positive territory with solid gains. Those gains also remain broad based in that eight of the 10 major sectors are in the green.

The dollar has dipped a bit in recent trade. It currently trails a broader basket of curencies by 0.3%. Most of the greenback's pullback is owed to strength in the euro, which is up 0.3% to $1.29. DJ30 +45.49 NASDAQ +14.37 SP500 +5.67 NASDAQ Adv/Vol/Dec 1562/580 mln/825 NYSE Adv/Vol/Dec 1982/305 mln/814

10:35 am : August ISM Services data was released at the top of the hour, which put a damper on the morning rally, which was largely being driven by a smaller-than-expected decline in nonfarm payrolls and a stronger-than-expected increase in private payrolls.

October crude oil fell into the red and to fresh session lows of $73.50 per barrel following the pullback in the broader markets. Currently, crude is trading just above those new morning lows at $73.73 per barrel, down 1.7%. October natural gas has been in positive territory all session so far and is just off session highs of $3.86 per MMBtu. Currently, the energy component is 0.2% higher at $3.83 per MMBtu.

Precious metals began moving into negative territory ahead of this morning's jobs report. December gold fell sharply into the red, falling over 1% to session lows of $1239.20 per ounce. Currently, gold is 0.9% lower at $1241.6 per ounce. December silver followed the same path. The precious metal put in its own session low of $19.51 per ounce and is currently 0.6% lower at $19.56 per ounce.DJ30 +52.00 NASDAQ +15.31 SP500 +6.18 NASDAQ Adv/Vol/Dec 1573/443.1 mln/754 NYSE Adv/Vol/Dec 1985/248.5 mln/768

10:00 am : Stocks have slipped a bit with the release of the August ISM Service Index, which came in at 51.5. The reading contrasts with the 53.0 that had been expected, on average, among economists surveyed by Briefing.com. The August figure also marks a pullback from the 54.3 that was recorded in July.

For the second straight session telecom stocks (-0.4%) and utilities stocks (unch.) are trailing the broader market. Favor for the defensive-oriented issues has faded with the stock market's turnaround earlier this week. DJ30 +113.11 NASDAQ +30.30 SP500 +12.51 NASDAQ Adv/Vol/Dec 1853/270 mln/424 NYSE Adv/Vol/Dec 2289/160 mln/420

09:45 am : The positive tone to premarket trade has carried into the first few minutes of the regular trading session. In turn, stocks are up sharply amid broad-based buying.

Gains are strongest among financial plays. The sector is up 1.9% at the moment. Banks are among the biggest gainers within the financial sector. They are up 2.2%, according to the KBW Bank Index. With this session's advance, the KBW is up nearly 9% over the last four sessions. DJ30 +115.61 NASDAQ +32.30 SP500 +13.60 NASDAQ Adv/Vol/Dec 1863/170 mln/345 NYSE Adv/Vol/Dec 2324/115 mln/349

09:15 am : S&P futures vs fair value: +11.30. Nasdaq futures vs fair value: +20.00. Index futures suggest that the stock market will start the session with a gain of about 1%. That would put the S&P 500 back at the psychologically significant 1100 line. It would also give the stock market a near 5% gain for the first three sessions of September (stocks surrendered almost 5% in all of August). Recent gains have been underpinned by pleasing data, the latest of which included a smaller-than-expected decline in nonfarm payrolls and a stronger-than-expected increase in private payrolls. Still to come, though, is the ISM Service Index for August (10:00 AM ET). However, some of the surprise of that report may have been taken out already by the upbeat ISM Manufacturing Index earlier this week. Outside of stocks, the U.S. dollar continues to trade near the neutral line, but Treasuries are under stiff pressure, such that the yield on the benchmark 10-year Note is at a two-week high.

09:00 am : S&P futures vs fair value: +12.00. Nasdaq futures vs fair value: +21.50. A better-than-expected nonfarm payrolls report has futures for the S&P 500 pointing to a strong start for the week's final session. Europe's major bourses have also been helped by the upbeat jobs report. In turn, the DAX is now at a session high with a 1.4% gain. The move puts it on track for its fifth gain in seven sessions, including a flat finish yesterday. France's CAC is now up 1.9%, which means it is on track for its sixth gain in seven sessions. It is currently led by energy giant Total (TOT) and financial plays BNP Paribas and Societe Generale. Pernod-Ricard, Essilor International, and EADS are the only names in the 40-member index that have failed to stage a gain this session. Britain's FTSE is up 1.3% in its sixth straight advance. Banking plays like Barclays (BCS) and HSBC (HBC) are leaders at the moment. As for data, the PMI Service Index for the United Kingdom slipped to 51.3 in August from 53.1 in July. However, the eurozone PMI Service Index for August came in at 55.9 after a 55.8 reading in the prior month. Additionally, eurozone retail sales for July increased 0.1%, which is a bit cooler than the 0.2% increase of the prior month.

In Asia, the Shanghai Composite closed unchanged, but that was only after it recovered from some selling. Shanghai Electric and Air China were leaders, while PetroChina (PTR), China Life Insurance, and Bank of China hampered action. In terms of data, China's PMI Service Index for August improved to 57.6 from 56.3 in the prior month. In Hong Kong, the Hang Seng advanced 0.5%. China Mobile was a primary leader, but Esprit Holdings and PetroChina acted as a drag. Japan's Nikkei climbed 0.6% as its advancers outnumbered its declining issues by 3-to-1. TDK Corp and Canon (CAJ) were primary leaders. Fast Retailing and Honda Motor (HMC) lagged. Japan's second quarter capital spending slipped 1.7%, but that was more moderate than the 11.5% drop that was recorded in the first quarter.

08:35 am : S&P futures vs fair value: +11.50. Nasdaq futures vs fair value: +19.50. Stock futures have spiked to morning highs with the release of the latest jobs data. In sum, nonfarm payrolls for August fell 54,000, which is much less severe than the drop of 120,000 that had been expected, on average, among economists polled by Briefing.com. Private payrolls climbed 67,000, which is considerably stronger than the increase of 44,000 that had been expected. The headline unemployment rate remained steady at 9.6%, as expected. As for average hourly earnings in August, they increased 0.3% month-over-month. The consensus had called for a more tepid monthly increase of 0.1%.

08:05 am : S&P futures vs fair value: -0.50. Nasdaq futures vs fair value: -1.80. The widely anticipated nonfarm payrolls report for August is due at the bottom of the hour. The ISM Service Index for August follows at 10:00 AM ET. Stock futures are flat ahead of the reports. Currencies are largely flat, too. Meanwhile, Europe's major bourses are up with solid gains as they extend their bounce off of monthly lows. The latest batch of data there indicated that eurozone retail sales for July increased 0.1%, which is a bit cooler than the 0.2% increase of the prior month. Additionally, the eurozone PMI Service Index for August came in at 55.9 after a 55.8 reading in the prior month, but the PMI Service Index for the United Kingdom slipped to 51.3 in August from 53.1 in July. A couple of Asia's major market averages also added to their recent gains, though the Shanghai Composite finished the week on a flat note. China's PMI Service Index for August improved to 57.6 from 56.3 in the prior month. Japan's second quarter capital spending slipped 1.7%, but that was more moderate than the 11.5% drop that was recorded in the first quarter.

07:59 am : S&P futures vs fair value: -0.10. Nasdaq futures vs fair value: +0.50.

07:59 am : Nikkei...9114.13...+51.30...+0.60%. Hang Seng...20971.50...+102.60...+0.50%.

07:59 am : FTSE...5393.35...+22.30...+0.40%. DAX...6100.85...+17.00...+0.30%.

Special thanks to Bloomberg, CNNMoney and Yahoo! Finance for their market summaries.

Best Regards,
M.A. Perry
Trader and Founder of WRB Analysis (wide range body analysis)
@ http://twitter.com/wrbtrader and http://stocktwits.com/wrbtrader

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