"The market is only truly random if kept within its parameters of limitations."

Monday, August 17, 2009

Looking for opportunities.

I am looking over hundreds of issues at the moment. We are off the top (high) of many issues and not pulled back for many momentum entries. The momentum entries would just hedge the fade trades regardless, so we do not want to get delta positive. The good news is the downward move over the last couple of sessions gives us a nice platform to start going long some issues after a short time period (extensions increase). I'll keep you posted on any trade entries coming up.