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, September 29, 2005

It's getting more interesting now as 1220 is recaptured and 1225-1127 is in the market's eye now. Same is true of the NDX. Over there, 1589 is the next mark. Both look to have a good chance of happening today.

I've been fortunate to not fade these moves and get squashed in the break higher. I'd like to turn and get back onto the long side on a retrace of this break now. Again, thinking the NDX as the proxy.

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