Another day, and it was another range testing day. I really don’t know if this is bearish or bullish. Groundhog day continues and instead of posting another video saying essentially the same thing, we are going to cut out and be back tomorrow and I really don’t see much to move the markets tomorrow either. The Fed makes their decision in 3 weeks again, and we have earnings beginning in size by the 17th of April which is next Thursday, until then, hit and run trading is the mantra and we will continue to define our risk in here with smaller size and more scalping status than of recent memory. The market will sort itself out and until it does, risk must be mitigated we b
elieve with smaller size.
Range Bound
April 10, 2008 · No Comments
Categories: Trading