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.

Tuesday, August 30, 2005

I've been without power this morning and have moved to back up facilities. We have gold breaking down sharply and that has me pulling up stakes in the precious metals and taking stop losses. Also taking out the stronger oil stocks that we had shorted. That leaves me mostly in cash.

My first look at this market shows a very negative beginning and yesterday looks like a one day wonder now. I'm having a hard time finding anything green.

0 Comments:

Post a Comment

Links to this post:

Create a Link

<< Home