"What’s unique is that, in the last four days, price opened at one extreme and closed on the other, only to reverse the momentum 100% each subsequent day, leaving swing traders sitting on losses caused by stops most likely – there’s no direction but there’s a LOT of movement.
Day traders have had the edge in the previous weeks."
Tuesday, November 27, 2007
Afraid to Trade
Great post from Corey on today's wild price action.