As the bears and bulls fight for control of the market, we are starting to arrive at critical levels. I believe tomorrow will be an important trading day.
We have the jobs report out on Friday, and a Fed meeting next week. We could very well see some more choppy action as investors wait for economic data.
As for my trading day, I got whipped around trying to daytrade the market. I made a few late buys at the close: BWLD, NVDA, & VMW. Hopefully we see a bull run tomorrow.
Alpha Trends - Video on today's market
NASDAQ carving out a right shoulder
More charts
Monday, December 3, 2007
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4 comments:
I'm in BWLD. It's only a matter of time, my friend!
-BD
Hey Blue, How was your trip?
Today was a slow day unless you were fade-scalping small moves. The Fed will cut 50, IMO. We should have more volatility then! If the Fed doesn't cut 50, then we will really tank. My $0.02
Fuck LSJEW
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