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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Friday, December 23, 2005

Small players in the sandbox today

The small caps are where the players are today as the general indexes are struggling and simply bouncing around. I've made a few trades today as I try to game the gamers but it's pretty much a small range for most stocks with a few offering something of interest. I've been concentrating on SIGM from the long side for some day trades as it's offering some good risk/reward setups if you are interested.

As we head into the end of year, you have to consider how you want to position for the coming new year. Personally I believe you want to be a bit cautious coming in but I have this sneaky feeling that the if we don't see a quick collapse, the buyers are going to spring forward when the new year rolls in.

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