Forget The Bernank, Day Traders Follow The Technicals
As you all know, every trader and investor in the world is waiting for the Ben Bernanke press conference this afternoon. Will Mr. Bernanke hint that a cut in quantitative easing is underway? The answer is who cares what he says. As traders we simply want to react to the price action. If the markets sell off then we want to find a level that looks attractive to buy stocks. On the flip side, if the market rallies then we want to find a level where there will be major resistance and sell it. Traders should not be bullish or bearish, you simply just want to be on the correct side of the tape. If you are wrong then you want to be wrong small, that is why you must have a stop loss. ..
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TTEK, Tetra Tech Inc.
** TTEK reported that it has been awarded a contract valued at up to $55 million to continue its support for high priority pollution prevention programs, including evaluating innovative technologies and providing research and development support to the U.S. Environmental Protection Agency Office of Research and Development, National Risk Management Research Laboratory.
TTEK, AFOP, ALL, SPWRA, - CRWESelect.com Stock News! Tetra Tech, Alliance Fiber Optic Products, The Allstate, SunPower (Video In
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Tetra Tech, Inc. (NASDAQ:TTEK)