A rather strong closing today?

Discussion in 'Trading' started by hajimow, Oct 6, 2005.

  1. After 3 days down, I just feel that buyers will jump in the last hour of the market and will push it higher. Long term, I don't know. But I feel we will have short term recovery today. What do you think?
     
  2. not so sure, lets see what happens.

    What are you going to buy?
     
  3. I trade options. I trade WIND, INTC, ADI. But I was talking generally.
     
  4. I don't feel too good about the markets right now. Most likely I'll be selling by the close today, take the market a bit lower and cover it tomorrow.
     
  5. I did not talk about the health of the market. I think investors think of tomorrow as a strong day so they will jump in at the closing to buy in deep? I don't say we are in deep but who cares about my belief . I am saying what might happen.
     
  6. sure... who wouldn't want to be hugely long going into the jobs report tomorrow???