The bounce is a bit tepid this morning, but a bounce nevertheless. With oil up and chips down, the markets are struggling. The only real buying interest is likely the result of dip buyers and that's not the best of company to keep.
I worked a long bounce trade on the DJIA futures this morning but have taken the bounce play off now and am looking for short plays. I've added 3 to start the day, MBT, PKI, TTC. Looking at others as I intend to build some short positions into any strength this week.
I worked a long bounce trade on the DJIA futures this morning but have taken the bounce play off now and am looking for short plays. I've added 3 to start the day, MBT, PKI, TTC. Looking at others as I intend to build some short positions into any strength this week.
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