Market Monitor | stockbee

7/18/2007

Market Monitor

  • Market has not really done much since the large move.
  • Lot of churning going on with money rotating in to technology. This has been happening for some months now.
  • The energy and metal plays continue to be under pressure.
  • Pockets of momentum is the name of the game for last 3-4 months. Unless you have a method to identify and capture such plays, it is frustrating market.
  • It still remains a vulnerable market and I have very little capital at risk on long term plays. Most things I am doing in last few weeks is short duration stuff.

No comments: