Tuesday, November 25, 2008
PC Issues Solved
It doesn't look like I missed too much in today's trade. The winners we had from yesterday saw some follow-through and the EEV trade I mentioned this morning would have worked for around $8-10 a share if you were quick. I still feel like this rally is going to rollover soon but the holiday week makes this bear market spike even more difficult to deal with. I am looking to put some shorts on but with more and more traders likely to be away from the desk over the next few days, things could be very whippy on light volume moves. The dollar has been hammered recently and I am going to watch how it plays out as it reaches support levels.
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