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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Monday, December 19, 2005

Market's mired in muck

Stuck in the muck here as there's little happening today of note other than the small caps taking a beating. I'm not doing much today as we have some longs and some shorts and some good gains and we're not caring to lose that. I did put out an NDX long as the intraday charts has me thinking that we might see some strength come in there but the stop is rather tight and it may or may not work. No need to push hard here as there's just not much of an edge. My mantra continues to be buy the weakness and sell the strength and that may last all this week as well.

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