This trader's blog provides you with the information and exchange you can regularly come to rely on for the benefit of common minded investing/trading individuals such as ourselves. We wish to invite all interested people to join us Sunday mornings for our presentation of market information and trading tips. We value the relationships we have established with many of you over the years, and we wish to continue them in this new forum. Welcome aboard and join us for free and open conversation.
Tuesday, October 1, 2013
Afternoon Market Update for October 01, 2013
Obviously a government shutdown is not worrying investors. Another day of indecisive trading in the Dow and the S&P 500 but further confirmation the sectors in the NASDAQ are still getting strong buyers.
Continue to stay long and continue to stay short in the appropriate sectors. Currently, there is no major change in investor sentiment. The sideways motion of this market persists.
As long as the markets remain relatively indecisive, other than the NASDAQ, stay with strong long in strong short positions.
Have a great trading day.
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