Archive for: August 2007

A choppy day of indecision left this trader on the sideline most of the day. The market isn’t giving clues on direction yet, and closes on the trend line. Is this simply a retest of that line, or …

As yesterday’s slide caught a few trader’s off guard, today’s mirror image incline in the Nasdaq probably shocked a few too. Fast rallies can occur in bearish downtrends. I’m going to see how the trend line is …