Just look at the breadth 12 minutes into the trading session.. wow..
http://screencast.com/t/C0HvdiA53
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- Long SMN @ 35, Short XLU @ 30 2009/02/06
Category Archives: Market Pulse
Market Open : Sept 11, 2008
Alert: Crude Tops $139, $150 End of Week?
Quick update on the crude front. Crude just hit $139.89 early this morning which may be the reason why futures have taken a large hit pre-market. Crude is currently trading at $138.35. I know Goldman and others were predicting crude to $150, but who knows. Maybe we’ll see $150 by the end of the week?
Daily Recap - May 14, 2008
Okay.. someone explain to me what the heck just happened. Here’s a 1 minute chart of the Q’s.
Around 2:30 (yes, that 2:30 reversal period), the Qs and the rest of the market went right down the toilet. I think the bears were mocking the bulls and were loading up just to give them some false [...]
Daily Recap and Status - May 8, 2008
No trades taken yesterday due to other commitments. I was around in the morning and could have traded a perfect short on Visa but was unable to pull the trigger. I’ve noticed that happening more and more as of late which reminds me of my trading fears about 3 months ago after the markets crashed [...]
Also posted in Earnings Report, Equities, Portfolio Progress Tagged AIG, Crude, Visa Leave a comment