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. TAT trades a bundle of portfolios for himself and friends daily.

 

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Thursday, December 29, 2005

Frustration Mounts

Anyone looking for some life in this market is getting frustrated. I know I am. After working an early trade that was ok, I took the bait and tried again as I wrote here earlier. Mr/Ms Market decided to eat that trade as we kind of fell apart and my stop was triggered. So, I'm back to just the basics for now; what's in the portfolio. That portfolio size has been whittled down of late. I did take off one short (CAT) and added AGE back for a trade but for the most part I've done little again. I still think there's a trade in here somewhere to the long side with a good short covering spout to fuel it, but I'm not going to play it again today most likely as it's chump change and I'm on the giving end.

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