Here is a possible scenario...
Thursday, June 28, 2012
SPY chop
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...
Here is a possible scenario...
Subscribe to:
Post Comments (Atom)
Early winner/loser in 5g, Ericsson ERIC, Nokia NOK
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...
-
No really, here, but quiet on the blog front due to life happening. I have taken some swing (about to become long) positions, most notably ... -
Nice to have earnings season here, should at least give some individual names some solid direction, and maybe hold up the market. I had a ni... -
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 ...
No comments:
Post a Comment