Those pesky dip buyers showed their optimism off the weak opening but they may have walked into a bit of a trap today as the market is taking a bit of a spill now. I added to my short positions on that strength and am looking to continue working the short bias today as long as it makes sense. So far that view is finally bearing some fruit.
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.
- Chips started strong and seemed to be trying to se...
- The stocks futures are trading lower as the Europe...
- They jammed them as best they could and almost got...
- We are basically at the highs of the day and I'm g...
- It looks to me that they are intent on jamming the...
- Even though this market needs a rest to refresh fo...
- It appears there is a desire to book some gains th...
- In 3 or 4 hours this market is likely to be a slee...
- The momentum train continues. I finally got some g...
- If you pull up a chart of volume associated with t...
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