Morning Thoughts on October 5, 2010

Joe PalauJoe P's blog, Trading IdeasLeave a Comment

Good morning traders. Market continues to trade in the range I have been highlighting over the past few sessions.  I am not really expecting a major break until the start of earning season when the market has some fresh catalysts. In terms of my trading strategy I am have been focusing on inlay stocks as these are the most likely to have range expansion in a range bound market. These are the type of days where you want to aim for consistency and not take big swings.

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Spy Levels

115.80

115.41

113.6

113.18

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