A technical approach to trading - no Booyah no BS - just information
Friday, April 20, 2007
Friday Pre-Market
You don't need me to tell you that we're going to have a positive day on the street. Between the oversold reading as provided by the up/down ratio, the volatility of the ATR reading on the DOW and GOOG's surprise (not really but some people think it was) the market, as a whole has no where to go but up.
The only fly in the ointment is this -
That side-stepping is not encouraging in the least.
As always take what the market gives you and don't ask for what isn't there.
I am a stock trader. I have chosen this profession because it suits my need to do analytical work for profit. Thus I am an analyst who trades for a living. It is fun even when taking a loss. I am forever seeking the next best idea. I intend to use this blog to share my ideas with you.
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