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Strategies & Market Trends : Technical Analysis Scans

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To: ~digs who wrote (298)6/24/2010 9:28:56 AM
From: ST Trader   of 367
 
Interesting candles yesterday on the averages. The SPY is the only major index that is below the 200 dma. I still haven't started back trading much yet, as I feel like when I do, I am just spinning my wheels...Not making much, but not loosing much either. I am not sure what kind of traction we are going to make either up or down over the low volume summer months, so I will probably just keep my long-term fundamental holds in place and hedge them with TZA's. If I didn't have a day job, I would try and profit from the intra-day volatility, as I think you could make some decent money trading in and out these days. Good luck to everyone...I will continue to post scans when I have free time.

Vince
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