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:
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.
I've provided a response here:
http://tadaily.blogspot.com/2007/01/portfoliorisk-management-when.html
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