After the morning storm that rolled through the markets and sent chills through the bulls ended by the mid afternoon and some sectors recovered pretty well. Will need to see how they look and if it is just bears setting a trap for the bulls.
The morning started off with the financial sector taking a hit. That combined with some early high volume made me decide to take the chips off the table in my open trades. I wanted to protect my gains.
As the day went on there were a few quick rallies but they were swept away. But in the afternoon it started to hold. Hopefully this is not a trap being carefully laid out by the bears!
More later..
FP80
Thursday, June 21, 2007
I'll be looking over the charts tonight...
Posted by Fp80 at 6/21/2007 05:01:00 PM
Labels: Market Summary
Subscribe to:
Post Comments (Atom)
0 Comments:
Post a Comment