Not that bad for August, I picked up a $1.00 on CTX and another $1.00 on XOM, 800 shares each. Took forever but it was worth it. Picked up another dozen trades for +.10 to +.20 on BA (straight UP all day) and a few others (MER, CTX, etc...) Very few losers but more break evens than normal. Up over 2k today, I'm not complaining. This friggin GLD has been in a trading range for 2 hours. I'm expecting GLD to drop to yesterdays close of $62.02
Steelhead, last two weeks of August tend to be just like this, before things slow right down from there (laugh) Basically, it's all about program trade spurts in between coiled congestion from now until mid-September. Tradable, but tougher due to less opportunities of entry = exit. mid-September into early November last year went from comatose to flat-out wild intraday action. I'd expect the same general pattern this year... at least that's what we're hoping for :>)
This is the "grinding" sort of rally that keeps going, and going, and going . . . and next thing you know it, you fall out of your hammock because you overheard someone telling you that the SPX was over 1300! Great environment for technicians that position trade.