Another Wild Intraday Session Ends With Not Much Happening By The EOD; Cash Is Still King In This Low Volume Market
Read the full article: http://www.bigwavetrading.net/another-wild-intraday-session-...
It is hard to continuously say the same thing over and over but it is true. There is nothing to do in this market other than to keep your trades small and your cash high. Especially, if you are a perma-bull as we are now finishing the month down for the fifth time in-a-row. This is much different from anything we saw from 2003 to November 2007.
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www.platinumpicks.blogspot.co
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www.dailydaytrades.com
I much rather sit idle on my
I much rather sit idle on my cash when I don't have a strong play that risk it in something that I don't have faith in.
With the NASDAQ down around
With the NASDAQ down around 1700pts this year money in cash earning 2% dosen't look to bad if you don't short
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At Big Wave Trading you'll find a no non-sense approach to investing. We do not offer opinions, we offer facts and a simple but decisive view on the market.
What else can we do? I don't
What else can we do? I don't feel comfortable enough as a trader to start shorting, but I may purchase some puts. However, I am not that sophisticated in options either. Any recommendations other than cash?