The Daily Dose of Trading Comments

Here you'll find short quips concerning the market mood and direction posted intra-day as the market dictates and time allows. You can find TATs strategy here. Comments here are from a trader who trades for a living.

You can add comments by clicking on the comments link below any posting.

Thursday, May 26, 2005

The internals are solid so far but I the volume numbers aren't higher as I previously thought. We should see volume dissipate as the day wears on and heavier volume early would suggest more to this move if indeed it where true. As it is, doesn't change anything.

I'm viewing this market more and more from a two-sided view as I put short and long positions to work. I know I sound like a broken record but the odds of a sharp painful pullback are steadily increasing in my opinion.

0 Comments:

Post a Comment

Links to this post:

Create a Link

<< Home