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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Wednesday, July 27, 2005

Lunch hour here already and it looks like chips may be on the menu as they have started buying them for some reason. I'm still maintaining the negative bias but am watching this development closely. If the chips threaten green we will have a problem with this intraday bias.

I booked some early profits on the fade of the first move higher on the NDX but am reluctant to stick them back out again right now. I'm switching my attention to the DJIA futures here.

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