The Worst Sort of Action
It has been said that the opposite of love isn't hate but disinterest, and that seems to be the dominate emotion at work in the market today. Once again, the action isn't that bad. It is down a few points and breadth is weaker, but there isn't any big rush for the exits. The market is just drifting around with a slight negative bias.
From a trading standpoint, this is the worst sort of action. Strong emotions, either positive or negative, are what produce tradable action. Even in flat markets, there are usually pockets of action that attract the hot money, but there isn't anything of significance today....112 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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