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First entry added on 2007-09-10 12:04. Last entry added on 2007-09-10 12:04.
Total entries: 1 (1 public, 0 private)
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9/2007
1. Special No Load Fund/ETF Tracker Update For 8/1/2007
After the markets meandered for most of the day, I liquidated 2 positions that had dropped off their highs by -7.5% as announced yesterday. Of course, I had no idea that my trades were so influential that they confused Wall Street traders and promptly ignited a strong rebound rally during the last hour. While all major indexes closed higher, it was clearly a party of one, as the Dow was the king of the Street for today. If this feels like a roller coaster to you, you are not alone. Increased volatility may stay with us for a while and is an indication that the market is in a shakeout mode. That simply means that future direction is uncertain and a break either way can occur at anytime. For tomorrow, none of my other sell stops have been triggered, so I will watch and wait.
by devika  on 2007-09-10 12:04 tags: Special · No · Load · Fund/ETF · Tracker · Update · For · 8/1/2007
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