All around the trading blogisphere, I am hearing whining.
"I don't know what's going to happen"
"The market makers are having a field day with this crazy up and down action"
Well here's a news flash: You never know what's going to happen, and the market maker is always going to make his daily nut.
But if you ask me (as if anyone does!), this action is pretty logical.
Moral of the story: choppy days are instructive and valuable, if not always fun.
IMHO a break of today's lows in the major averages could signal some more very nasty selling across the board.
Subscribe to:
Post Comments (Atom)

No comments:
Post a Comment