Thursday, October 19, 2006

Market update

My first post during market hours - whooHoo!
During the first 45 minutes after this morning's market open, you literally could have randomly thrown a dart at the board and blindly pick any stock to go long and it would have worked for you. But only for the first 45 minutes - after that, it was back to the regular chop mode that we've been seeing in the past month or two.
Everyone and their grandma's dog are all over AAPL, so of course it should start fading that huge gap-up.
After observing today's market action, I feel the need to make a comment later tonight about my observations of my own trading habits - and traderZBS's ATR strategy.

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