Pageviews past week

Wednesday, May 25, 2005

We lost 45 points today on the Dow. Advance/declines were 2 to 1 negative and the volume was light. I did at one point put in an order for some GE June calls. GE lost a little ground today. But I canceled the order. There is no clear signal and I'm anticipating some more weakness in the market near term. The XAU continued to rise and the volume on the gold shares is pretty good. I'm going to have to wait there, since I really have missed that move. Like I said earlier, it would probably be better to wait until after the holiday weekend to take on a trade. I'm not really looking at anything else right now. Just trying to stay calm and not do anything stupid.

No comments: