- The action on Friday was meaningless as the holiday shortened week created some volatility.
- Bulls have nothing to complain about just finished quarter. Being long paid of handsomely.
- Where does the market go from here is uncertain, with only few days of trading, the volume will be thin and moves exaggerated.
- Earning season is what I am looking forward to. With many stocks going sideways or having a pullback, any good earnings will result in rallies. This is ideal set up for earnings trading.
- Opportunities are also presenting themselves on short side as some leaders are breaking down. So this market should currently keep both bulls and bears happy.
- The mixed market conditions are ideal for short term trading.
7/01/2007
Market Monitor
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1 comment:
did you notice a dash of insights switch to neutral?
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