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No Trade Today! Market still Crashing!!

5 min Emini Nasdaq 100

Hi,

Market is still crashing... We have no idea when this is going to end... So we should short? Not really.. take a look at the charts... I couldn't really tell whether market is going up or down during trading hours...it went up just to go down again in a zig zag manner.. this is very BAD! stochastics osciallates up and down... do you think you can trade in such an environment? Yes, but only if you take big risks... I am not willing to do that...

Posted by Michael Taylor on October 7, 2008 5:52 PM |

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