Trade Chatter

Historically speaking, Trade Chatter supplied short quips concerning the stock market mood and direction posted intra-day as the market dictates and time allows. Note, this is an archive as of 8/4/2007 and you can get current material at www.tatoday.com

 

Wednesday, January 24, 2007

Step aside please

That's kind of what it's been all day today. If you weren't buying then you needed to step aside and step aside it appears they have done. Volume is going to come in about average on the NYSE and slightly heavier on the NASDAQ but they have pushed to new highs and are holding them into the close on the listed issues and that says they can take them even higher come tomorrow. The sellers have stepped aside and let the bulls rumble once more. Kind of an old theme that just won't die. A full plate of earnings again tonight and then more tomorrow morning. I'm out of here for the day.

2 Comments:

Anonymous AD said...

I think we are getting close to putting on a really big short squeeze again. Volatility is definitely back. I've tried to adjust my trading to this change. Could you please share your ideas as to how you adjust your trading to changes in volatility. Thanks.

Wed Jan 24, 05:13:00 PM 2007  
Blogger Tat said...

I've provided a response here:

http://tadaily.blogspot.com/2007/01/portfoliorisk-management-when.html

Wed Jan 24, 09:06:00 PM 2007  

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