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.

Friday, September 30, 2005

It's gotten downright sleepy out there as the market seems to be drifting towards the close. My focus today was to protect and to stay short for the coming week. So far we have managed to accomplish that and unless there are some real fireworks into the close (which I don't expect) that's how I'll end the day.

I expect some early strength and then the four corners run out the clock type action. That seems to be playing out here and I'm content with that. It's been a long year and just getting back to an exceeding my highs in gains for the years provides some comfort at this point. I have a lot of work cut out for me in the fourth quarter to get anywhere near the gains that I'm normally accustomed to. I've had to adjust my sites as a result and though I always remain optimistic, I am realistic as well. I doubt the fourth quarter will be any easier than the first three quarters. And do so it goes ....

0 Comments:

Post a Comment

Links to this post:

Create a Link

<< Home