09 March 2007


So if you like to trade, this is the market for you...lots of action and tons of liquidity...everything the little trader inside all of us wants.
Markets end the day little changed with a somewhat impressive but ultimately weak gap up on the "wonderful" jobs number and abject failure to hold ground through lunch leaving the bears to hammer the market lower just to be brought right back up again with the idea that neither shorts nor longs want to go home with too much on their sheets.
These wider ranges can really offer some great profit potential. No more slow drip higher for the put selling, buy writing , Kudlow is a God crowd...hope they're having fun. Out for the week. jfg.

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