Market is geared to continue the push higher from last week. Last week we had a lot of chop from people still selling the rip. We are starting to get a bit overextended so I would continue to look for a choppy market. The watchlist is full of longs and shorts so make sure you have them ready so you are prepared. If the market does gap up make sure you let it show its hand first by either continuing the gap or filling the gap and moving lower. If you set an alert for a stock and it goes off the first thing in the morning because everything is going to gap, don’t buy! Buying then is a suckers game and you will definitely lose. Wait for the market to set up and get a keen eye on the direction before making your move.
{denvideo http://www.youtube.com/watch?v=z9WBGRmupU0}
