The bounce continued today, but across the board, volume was pretty anemic. Honestly, it was a rather boring trading day. The market seemed to be in wait-and-see mode regarding many things, ranging from CSCO's earnings tonight (it's trading up a couple percent in the aftermarket, but nothing crazy) to news on Europe and China to news out of the US (jobs report on Friday).
No trades today. I was tempted on both the long (IACI, JTX, SPAR) and short (EJ, NTES, TSL) sides, but did nothing on either side.
Position: None
Disclaimer: This is not a recommendation and is presented for informational purposes only.
Wednesday, February 3, 2010
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