A Market That Moves On No Volume Should Be Treated With Caution
There is an old adage that goes “never short a dull market.” I couldn’t agree with that more and want to stress that it does not say “go all-in and long a dull market.” No, it says, “never short a dull market.” If we have to get down to the core of what that statement says it is clearly telling us that when volume is no where to be found the LAST thing you want to do is go short stoc
Huge Gains On Heavier Volume Looks Good To Amateurs; The Professionals Know That Volume Matters And We Had NO!!! Volume On Today
This is just another bear market rally, for now, and I will be more than happy to play it as I was only 9% short coming into today and 70% cash. I guess that means I was more than short. But according to some MORONS like Sandy Wright (Wendy), you are just too stupid to not get that today is a bottom. We will see about that.
Another Wild Intraday Session Ends With Not Much Happening By The EOD; Cash Is Still King In This Low Volume Market
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.