Thursday, April 17, 2014

Programs, Programs

These zombie buyers sure are predictable.  One cue, the buyers took it up enough to fill our limit on the overnight position.

Today's range 16.50.  Yesterday's range 16.50.  Programs, programs.

Day trading today, the VWAP jumps out as trade of the day for the second day in a row.  Programs, programs.

Our comment on the weekly bonds chart so happened to coincide with a puke trend day down today.  Programs, programs.

Our bias is for some inventory to correct come Monday.  But we are not going to back that opinion with a trade.  At this point, I simply do not desire weekend risk. My brain requires detached rest from risk.

We are also going to look over the sectors and see how the overall market is playing out so far this year.












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