A Day of Clarity (I Think)

| 1 Comment

The Nasdaq closed above that 2,157 level that I talked about this morning and just like that the chart looks much better (The S&P 500 chart looks very similar). It's like all that ugliness in August never happened. Still, I would have liked to see more volume today.



I'm not seeing many stocks that I'd try if I was still swing trading but here a few which caught my attention tonight (disclosure: I'm long WFMI in my IRA):













1 Comment

Strange. Would have expected big volume on the indices today - especially given all the current context of drama and the first day of "Fall" trading.

check out my neighbors in meatspace


Creative Commons License


This work is licensed under a Creative Commons Attribution - Noncommercial - No Derivative Works 3.0 License.


Quoted

"Investors cash in small, easy-to-take profits and hold their losers. This tactic is exactly the opposite of correct investment procedure. Investors will sell a stock with profit before they will sell one with a loss." ~ William O'Neil
  • Even if you don't have perfect credit, you may be eligible for a $500 payday loan. Apply today and receive cash advance by the next day, all via the Internet
Powered by Movable Type 4.24-en

About this Entry

This page contains a single entry by Michael published on September 6, 2005 8:31 PM.

Watchlist for September 6, 2005 was the previous entry in this blog.

Watchlist for September 7, 2005 is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.