Friday, August 14, 2009

Flat lined.

This was the tight channel that the QQQQ was in today. Very boring day with limited opportunities. Sometimes walking away is the best way to trade.
Makes me wonder though what next week will bring. Are the bulls exhausted, are the bears still alive? I don't care who is in control as long as we don't have more of these flat line days.

At the end of the day both GRMN and the tomatos were tasty





cover GRMN


picked tomatos and shorted GRMN


Tomatos





















GRMN
No momo here sold AIG BAC cover TZA, going to pick some tomatos


Bot AIG short TZA



AIG














TZA

Bot BAC


Sold BAC AIG, both are stalled at the moment

BAC















AIG

AIG poking up now too

Bot BAC again

Sold BAC, with markets in a tight channel, I don't see any good opportunities at the moment

After practically falling asleep with market boredom, I saw BAC pop up making new highs