EDGE TRADER

Tuesday, October 04, 2005

Hangover sets in


We all suffered a money manager induced hangover today, as the funds that jacked up the market on Friday and yesterday sold off today to rotate into other opportunities. Crude oil helped push the market off the cliff by bouncing off support in the early afternoon.

As I mentioned in my earlier post, things could change at any moment...

I suffered some damage but only of the minor flesh wound variety. What will be key is what happens tomorrow!

2 Comments:

At 2:23 AM, Anonymous day trading future said...

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At 10:15 PM, Blogger Emini Day Trader said...

Good info. Thanks.

Regards,
Mini-DOW Futures Day Trader
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