Wednesday, January 16, 2008

Uninspiring close

Only the SOX managed to close on the plus side. I did alot of volume today because trading AAPL kept me really busy. Stock was all over the place. It went out near the low for the day after trying to recapture its mojo. Not a good sign at all. The shippers caught some bids,mostly short covering. Solars got punished as well. Back later.

2 comments:

Jack said...

what are your thoughts on incy

upsidetrader said...

starting to perk up on very good volume, i think a decent market will help propel it much higher

About Me

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I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.