Trading diary: 29-September-2006 Friday Morning
Dear diary,
After watching the market for the first 30 minutes, I, again, lost the interest to trade today. We are likely to have another choppy day. Man, I can’t wait for September to be over. NYSE TICK is hovering around +400 to -400. It spent most of time above 0. Volume is normal, nothing impressive. Bears are trying to sell the top, but I don’t think it is a good idea to go short at the moment.
From the first 30 minutes of trading, I see a volatile with slightly positive biased sentiment. I am not going to trade today. I just can’t catch where does market try to go today.
I will start my reading now. Talk to you later.
From the desk of Tradergav.com





