Check out the lack of volume on the S&P....Volume up on the way down....
Volume down on the way up......
Either way could be played here with fairly tight stops.....I guess this is why they call it a "Trader's market".
Blog description
- Rodney
- A place for friends to gather and view stock market charts, discuss technical analysis and market outlook. What is your Principal Asset? How can it be developed? Each and all should do their own due dilligence and homework before investing. And by no means should you use anything I say or show here as a sole basis to buy or sell securities as everything is for educational experience only.
Tuesday, August 26, 2008
Financials, Consumers, and the SPY...
As Wall Street and Europe finsh off there end of summer vacations the market is meandering around range bound.
Check out the lack of volume on the S&P....
Volume up on the way down....
Volume down on the way up......
Either way could be played here with fairly tight stops.....I guess this is why they call it a "Trader's market".
Check out the lack of volume on the S&P....Volume up on the way down....
Volume down on the way up......
Either way could be played here with fairly tight stops.....I guess this is why they call it a "Trader's market".
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