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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Tuesday, November 22, 2005

Last week I started buying a few shares of companies in the oil sector. This morning I stepped up and starting buying a few more. The charts are starting to look promising again after that steep set back in October. Shares of GMXR (which we have bought and sold over the past couple of weeks), ARD, CRK, EOG, HWK, DESC, and others. Worth taking a look at.

General market taking it on the chin early, but don't count the bulls out just yet. They have had their way of late and I'm sure they'll try to make a run of it before the day's out.

And precious metals. The stocks are still trading heavy compared to the metal. I'm riding out with what I have left but will looking to book remaining profits as it appears reasonable.

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