Tuesday, August 4, 2009

Speculation on the rise

Let's take a look at the movement of the major indexes today (so far):

DJIA +.20%
NASDAQ +.20%
S&P 500 +.28 %

Russell 2000 (small cap) +1.11%

The speculative gains are flashing a warning sign for the markets. Don't get greedy with your gains and wait for pullbacks to add to positions. The numbers speak for themselves.

Trade well,
Trader D

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