This is a blog dedicated to daytrading the market. Note: This isn't a solicitation for investments or should it be used as a basis for investing. Daytrading is risky and if you follow others advice, you could lose.
Thursday, September 15, 2005
Well now oversold .
We are down smartly in the last couple days. Technically we look like we should have a bounce. But, being this is options expiration week, anything can happen. Trade wise, I bought IPII for a recovery bounce, some of the other companies in that area are moving and this thing is straight down from 28. Outside of that and buying GOOG on the dips there isn't a lot going on. TZOO is getting some move as I write this from some press, but lately it has been sell the news so I will watch to see if it is more than a pump dump.
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