Tuesday, December 14, 2010
Grind
This market is deadly for traders. There just isn't much intraday movement to capture. Bull markets suck the life out of futures traders. I have my short position, now it is time to wait and see. We might get a few points grind up before the FOMC announcement, but I am expecting a selloff after the announcement.
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2 comments:
Holiday slow downs w/ volume could be a death w/ lots of razor blade cuts. I don't think the market will do much till January.
You mean it's deadly for those shorting the market!
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