Oct 19, 2004

Wrap up

After going over todays action I am struck that the volume was weak everywhere. This happens a lot on Monday's and generally it means you can't trust the move. Not a bad day but still feels like both sides should be nervous.

The charts I posted today are all shorts but they are all in sectors that have been market leaders. Maybe just more volatility (better to trade) on both sides while other sectors are caught in doldrums.

Maybe the whole market is in the headlights as we head toward the election or maybe just testing everyones patience. Their seems to be a lot of that this year.

Have a great night.


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