Tuesday, November 25, 2008
The Dow continued higher today, up 36 points on lighter volume. Advance/declines were almost 2 to 1 positive. It has the feel of a market that wants to go higher, near term. But it is a holiday week and all the players aren't on the field. Gold was flat after selling off. The dollar was weaker again. The gold shares were mixed and the volume was still pretty good. The XAU was flat. GE was up around 60 cents on good volume. I'm thinking of buying the calls here again since the relative strength is looking good here. Not sure I'll get the chance though. Mentally I'm doing OK. Might try and wait until next week to do the next trade. We'll see. Short post today due to time constraints.
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