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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Thursday, August 25, 2005

Today didn't offer a lot although we were able to make a few trades in the indexes for some nice day profits. Problem with this market now is that you had another larger volume push down and now a day of consolidation. What usually follows is either a break and continuation down which we should see tomorrow, or some sort of light volume push higher because they didn't break them down. I'll be watching out for the latter tomorrow because that would setup another potential entry on the short side.

Have a good evening and I'll see you in the morning.

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