If so, we are light, if not, more opportunities will present
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We came into this week expecting a possible trading range expansion with the caveat that how the indices closed was more key than how they behaved intraday. Furthermore, we also anticipated amuted start of the week ahead of the FED …
Or, is the market topping out with prospect of higher rates
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Before we start claiming that the top is in, considering that the recent trading range made yet another new low on Friday, the holdout remains NASDAQ. Until it gives up 99.00 with volume and with no coming back the next …
The big news for Thursday-relatively-are the small caps comeback,outperforming the rest of the indices percentagewise! However, before we get too excited, that range established over the last two weeks remains solidly there with NASDAQ now posting two inside days.
The …
Giving us some good opportunities but keeping it light
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For nearly 2 weeks since my return after Labor Day, we have been watching the trading range in the indices established from the lows on August 25th to the highs made on September 4th.
Tuesday the market dropped nearly 100 …
Reduce risk and look for quicker profits at this time
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How many times this year have we seen a 100 point drop, thebears begin to growl victory, only to see those same bears whimper back to their den a day or two later?
For 2 weeks, we have been watching …
Using patience and flexibility with stops
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