The market is just chopping around in a range, a real mess. Seems a market only for scalpers or long term holds with wide tolerance. Best to wait for some direction. If you are holding any longs (or shorts) for an extended period, plot them with the SPY and make sure they have their own independent momentum, and are not just chopping around with everything else.
Here is a possible scenario...
Thursday, June 28, 2012
Monday, June 4, 2012
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I like to start collecting stock tickers for after the new year, stocks that have been beaten down and window dressed more than they deserve...
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My trading has been flat and uninspiring the last week. I have chopped about, and for every good trade there has been a bad one. Today is a ...
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I think the best and most seasoned traders have been on vacation for the past couple months or more. When you read Market Wizards, and they ...
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I have been watching for some more high dividend entries. ARCC and AINV have gone well, and it is nice to get the monstrous check when the &...