Stock Market technical analysis. All of my thoughts, trades and analysis are my opinions only. I am NOT responsible for any loss you may incur. These posts are NOT meant to be recommendations in the market. This website is not a solicitation to buy or sell securities, options, or futures. The purpose of this content is educational only.
Thursday, April 5, 2012
Markets are up but they are weak too. I was expecting this kind of behavior, I picked up some longs but they are only 1-day plays. I'll look to dump them as we approach the closing bell because I'm expecting a buy program to hit the market at the end of the day. If the buy program comes; great, if not, I think there will be a lot of selling coming as traders will not want to hold long positions going into tomorrow's job report. I still have all of my short positions.
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