Selling rallies work well yesterday. Today, let’s buy the dip. The forces impacting the market are a mixed bag, so I am looking for a continuation of a trading range, choppy market, probably with an upside bias. Seasonal tendencies are still positive. So, look to be a little more aggressive on the long side than on the short side.
Almost nothing is known about the Mystery Trader. If there were anything much known, he or she would not be such a mystery, would he or she? We can say only this: the Mystery Trader has been trading for a long time, has learned a few things, mostly the hard way, has traded all kinds of crazy financial instruments, has made AND LOST an awful lot of money, and has not died broke well, not YET anyhow, but there is still time for that. The Mystery Trader writes these impressions and thoughts as a kind of an uncensored stream of consciousness journal or diary, largely for his or her own amusement, but also hoping these thoughts might help readers somehow, perhaps occasionally, prevent them from doing something stupid. The Mystery Trader hopes that his or her thoughts might help YOU keep from losing YOUR shirt in the world's biggest casino. The financial markets are notoriously tricky and have ALWAYS been loaded with disinformation, deception, raw deals, chicanery, and outright criminal theft. Unfortunately, little of this bad behavior is caught and punished because the financial markets are too big and chaotic. The Mystery Trader certainly and explicitly does NOT recommend that you blindly accept any ideas presented here or take anything expressed here at face value as actual fact. On the contrary, if anything, the Mystery Trader hopes that this blog might encourage you to think entirely for yourself and develop your own UNcommon sense. Be careful, have fun, and good luck!
 |
|
© 2010 Barchart.com, Inc.
Quote data provided and hosted by ddfplus. Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. NYSE, AMEX and Nasdaq data delayed by 15-minutes |
Sign in
Share