Post feedI Wish There Was More To Say...
This market sucks.
Just my opinion. Things are choppy, mixed signals are being passed around, and if you subtract some of this unusual activity out of a few Dow components we'd see worse conditions like we have been seeing in the Nasdaq. Remember back in May (how could some of us forget!) the Nasdaq starting giving early warning signs of weakness (equal highs, then lower highs) before the entire market place crashed. Keep a close eye on the Nasdaq as it will be a good leading indicator of conditions to come. .
Adding to more Dow issues, (Listen Dow Theorists!) the Industrials and Transports are not confirming!!! Looking at the DJT we are seeing short term lower highs and lower lows, while the Industrials are doing the opposite. Just keep this in the back of your mind, trade defensively and perhaps even scale back on the money you have at risk. Better safe than sorry!
Mastertalk is coming up in less than an hour. I better get my game face on. I will talk in more detail about the discrepancies within the market. See you soon...Session 2!
Have you discussed what happens to an option when a stock declares a dividend and then pays a dividend??
Marc in Asheville
Posted by
Anonymous |
12/21/2006 08:48:00 AM
I'll drink to that - the market sucking that is! Scares me and I'm fearless...
Teri M.
Posted by
Cleocatra |
12/21/2006 09:05:00 AM