Same as it Ever Was

Posted: April 14, 2008 in Charts, Futures, Psychology, Stocks, Technical Analysis, Trading

We are essentially limping into the close with prices right around where we opened. The problem for me is two fold, no volume and the news vortex we are stuck in for the moment. The hardest thing for traders to do is of course nothing. Can’t force a trade when one doesn’t exist. We will see with two weeks to go before next FOMC decision we can perk up for a while, if not we will sit and wait. Ranges rule for now and until decided don’t try and predict.

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