Searching for Momentum
I'm eager to put on aggressive trades but the market continues to offer very little. There was a little bounce following an unremarkable interview of President Obama that has moved the market closer to flat, but once again there is very little interest in chasing stocks.
I'm sure there are readers who disagree with the way I characterize this market, but my style of trading is to react and to run with the crowd rather than to anticipate and look for turns. Many market commentators find this sort of action favorable for accumulating positions....160 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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