Tag: compq

Askew Me!

September ends tomorrow (actually the opening print Friday of the SPX settlement price) for me. I can’t trade/adjust/balance/ my position beyond the close tomorrow.  The $SPX, $COMPQ, $RUTX and other broad based indices cannot be traded after the close tomorrow . Why does this matter? Because I’m not the only one who will be closing

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2008 Is In The Books!

2008 will no doubt be an indelible image burned in the brains of many, both in and out of the market. The Dow Jones Industrial Average lost 35% this year, the third worst ever, as the worst was a decline of 52.7% in 1931. For the Nasdaq, this year’s loss of 41.5% is the index’s

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Is There A Bull In That?

Relatively speaking we saw probably the best day for the bulls in the current holiday trading season. All of the major indices had some nice gains today and the volume wasn’t too bad (remember, relative to the past week). GMAC gets to dip into the TARP funds and that was a small catalyst along with

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Support? What Support?

So much for that new level of support in the broader market ($SPX)! No news to shock the markets and we fall right back down after making a higher high. In technical terms we did make a higher high after making a higher low, so we need to watch and see if the higher low

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