Day Trading 7/6/09
Monday, July 6, 2009 @ 04:07 PM Author: Anthony
Welcome back from what I hope was a great 4th of July!
The market is made up of individual traders, fund managers, and market makers. If the traders are hungover (literally and figuratively) then the market will be too. And that it what we saw today as well as anticipation of Alcoa earnings due out after close. The result was chop, drift, and sharp pullbacks.
Anyway, gear up for what we hope will be a nice week.