25 January 2007

Indecision


Not finding a whole lot to trade here other then scalping the NQ futures a little above the 5 bma (bar moving average) for a move back into the range...that worked out nicely...I'm sure most traders are frustrated in Ebay as there is no movement there as the range has tightened...a new low may bring in the sellers...that 24% headline number may just break some backs...I'll be watching.


Market internals mixed with advance/decline negative and up/down volume positive at least on the Naz...not sure which way the wind blows today...jfg.

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