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".

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