Oil's surge and the inability for the financials to catch a bid throughout this mornings rally past a cloud on the advance. I was unable to get my short in place and am still looking for an entry on that side of the ledger. I preferred the SPX for the reasons above but didn't take the plunge when I had the chance at much higher prices. Now it's a question of catching some sort of late day bounce to short, trying a momentum trade or simply waiting.
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.
- Well, we have reached my target for the day and I'...
- When I look at the charts, I see some reasonably s...
- Take them higher they indeed did do as a solid sho...
- Once again we are seeing positive divergences in t...
- We awake to find the market hurting with a bit of ...
- Yesterday I was fooled by the ferocity in the decl...
- Following up on that last post about timing and ma...
- A lot of times it's hard to follow those who comme...
- One more quick note before you get too short here,...
- Like Candid Camera, when you least expect it, you ...
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