I wasn't watching things close enough today to day trade. I did put some swing positions on. Today I bought some HPQ at it's 100-day EMA, I bought some CRNT at it's 50-day EMA, and some GRMN near it's day's low.
Thursday, August 16, 2007
Volatile Thursday
What a totally crazy day in the markets today. It just gets better every day. The volatility today belonged at Great Adventure. Some big names got a smack down today and the indexes gave back their '07 gains. The DJIA, nearly down to it's '07 open, is currently up 3% on the year after today's close. The S&P500 is up 0.47%, the Nasdaq is up 0.95%, and the Russell2000 is down 2.47% for the year.
I wasn't watching things close enough today to day trade. I did put some swing positions on. Today I bought some HPQ at it's 100-day EMA, I bought some CRNT at it's 50-day EMA, and some GRMN near it's day's low.
I wasn't watching things close enough today to day trade. I did put some swing positions on. Today I bought some HPQ at it's 100-day EMA, I bought some CRNT at it's 50-day EMA, and some GRMN near it's day's low.
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