Day Trading 10/7/09
Thursday, October 8, 2009 @ 06:10 AM Author: Anthony
So much for the down trend. The bounce has been great for daytrading though as we’ve traded the waves up and the sharp profit taking drops down.
We had a great morning Wednesday before volume dried up as traders were waiting for Alcoa (AA) earnings after the close. The markets are up moderately overnight on those earnings but is holding steady waiting for the Jobless Claims report due out before the bell Thureday.
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