What an exciting day yesterday was in the markets.
How can I say exciting?
Well an extremely volatile day like yesterday is an intraday trader's haven.
However this may be the market place for the proactive intraday trader, but what are thoughts, strategies, and feelings for the average retail swing trader?
Elite Trading & Speculations outlook has not changed, and if you have read our previous essay our strategy is playing out.
Tech has had a great run up and we took money off the table;
our outlook for tech is the same so we will redeploy capital back into this sector once a correction has been set.
Consumer staples had a great day and this was due to reports and analysis suggesting a domestic slowdown,
however this is nothing to fear causing you to pull money out of perfectly good stocks.
By Justin Blasi
Commodities
2007-11-13
Stock Market Fear And Volatility Factor(1)
Posted by cheahyeankit at 3:14:00 AM
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