We are seeing the opening enthusiasm fading as the day progresses with the NASDAQ going red at this point. There are some real issues associated with further upside progress at this time and today's trading reflects that fact. I am net short and continue to remain that way. We should see continued weakness develop in this market near term and you need to be appropriately positioned as a result.
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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- The indexes are solid green to start the day and u...
- Futures are up strong pre-opening. Durable goods j...
- Mr. Market treated us to nice sized pullback today...
- Finally getting a chance to check in here. Market ...
- There's an old saying that you seldom appreciate w...
- With less than an hour to go I have pushed my port...
- For two years straight now, I've offered my though...
- If the first 30 minutes is any indicator, it's goi...
- Wednesday, after I had reached shutdown mode, we f...
- I'm nearing shut down mode as the bulls just keep ...
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