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.

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Tuesday, June 28, 2005

Nice broad strong gap up advance off the opening bell. I've faded this move (shorted) for a quick trade this morning and have added a couple more swing shorts to the mix on strength (BMC, IVC). The trading is going to be choppy so if you buy and sell the extremes you should have a decent risk/reward setup if you honor your stops.

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