A floating market?

Discussion in 'Trading' started by spinn, Sep 26, 2006.

  1. spinn


    Does anyone else feel like the market is just floating a lot lately? Like these moves arent with real conviction, but they are just buying on stops?

    Doesnt make a bit of difference, I am doing fine in it but I have not taken a lot of longs that would of worked because the moves didnt look like they would go nearly as far as they ultimately did.

    Any credence to the possibility that the government wants the market to be high going into the elections?
  2. Just saw this on the wire:

    *DJ Nasdaq Sept Short Interest Positions 7.21B Vs Aug 7.11B

    as we float up........