30 point dow range since open

Discussion in 'Trading' started by myminitrading, May 18, 2007.

  1. This is what happens when we ramp up and gap open, their are n sellers, and most buyers are waiting for some sort of intraday retracement, so we just bounce around.

    Its so easy to push it up when their are no sellers.
  2. Total BS market. I think my bank CD's have more volatility than this crap market.
  3. It's OE. Usually a narrow range day.
  4. dealer


    I was expecting the short covering to have a more pronounced affect but the only market that's made any real progress since the opening rally has been the small caps.

    I'll stick my neck out and say we close near unchanged for the day in DJ and SP.