Live Update

Thursday, November 18, 2010

11/18/2010 After Bell Quick Summary

The bottom line, the short-term trend is up, not confirmed though. I closed long entered at open and opened short for overnight (yesterday’s overnight short was stopped out at open), which merely is a speculation trade, doesn’t mean it’s safe to do so.

I’m neutral about tomorrow, but seasonality is bullish biased, because according to Stock Trader’s Almanac, November expiration day, Dow up 4 straight and 6 of last 7 and also we may still have the mighty the invincible Bulling Friday tomorrow.


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