Looks like they want to push mkt higher into quarter end. Watch the euro . As it goes up so does mkt. I would think ounce QE2 is over market will correct down. I would not fight the long side though. There will be plenty of time to short them. The market will tell you. We are very close to year...
Are part of the public. Please do you really think Grandma buying IBM is getting the best price available these days . Any trader will tell you she is not ,and it is mot an even playing field. Politicians know this and do nothing about it because the are being backed by groups that want to keep...
Is a discipline. I have made a living out of it for 30 years. You are a liquidity provider. You have to understand the world around you. You have to be aware and able to interpret the news. You are in touch with the world. There are many jobs that do not rise to the need of knowledge a trader...
most of action below opening .made lower high . looks like trend is lower . got nice -800 tick. bank new could not hold em. weakness continues till 2 :30 . then plunge protection comes in perhaps?
Far from being over . Market will have down drafts fo quite some time. 3rd largest economy in the world . They are going to suffer for a long period of time