4/17/08 Recap & Setting up for a switch to blogger
The market acted pretty well today all things considered. Some of the momentum names shot up early and reversed hard (especially the Solars). Other then that we had very orderly trading and consolidation of yesterday’s huge move up. The only sector that performed poorly was the trucking sector of the transports. Then again, I don’t really see how that’s all that surprising with oil at record highs day after day.
I had some nice trades in NUE, RS & FDG. I got whipsawed out of MTL & SLB though.
I still can’t post charts right now so I won’t be doing any trade reviews tonight. I’m working on a transition of this blog over to blogger.
The new blog address will be http://tradermd.blogspot.com
Sorry about the inconvenience.
I will be switching over the feedburner feed and other settings shortly.
