Tuesday, December 2, 2008

12/2 Day/Swingtrades

These wild days are becoming the norm as the market is having trouble shaking off the selling pressure. The fundamentals are still horrible so keep those trades on a short leash.

No trades for me today as I was busy with work. I'm still carrying those C Dec 7.5 Calls. Looking at the intraday charts, the inverse ETFs are still providing some great daytrading set-ups. Easy with hindsight but I've highlighted some very low-risk spots that caught my eye using narrow ranges and moving averages:


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