The Daily Dose of Trading Comments

Since we unveiled our new service allowing you to input your requests to TAT for TA, we have had a number of requests that have provided good entry points on various stocks. Although I didn't get an entry in all of them, the request for TA on CLF displayed impeccable timing (thanks Rally-to-Yearend) and OIH (thanks Jason) as well. There were others and indeed this is what I had hoped to see happen. Message boards are the old thing and just don't receive much participation. They seem static and stale. But for you to see the potential in an issue that we can all trade, bring it to my attention as well as all the readers, and then I provide my analysis and you have the ability to add your comments, that's a match made in heaven.

As for the market, it's either time in kick in or kick out. The inclination to sell strength is high right now because the late day fade has been the regular attraction of late. If they can hold these gains at this level it will bring out more buyers and should further short covering. If not, well the opposite. I'm still working on the year end rally to develop and am giving my portfolio the room to work still.