Wednesday, February 28, 2007

SPY...Inside Day



The SPY and DIA had inside days today on heavy volume. I'm still not sure where this market is going over the next few weeks but as a day trader I'm watching the low of today's inside day. If the low of the inside day is taken out tomorrow on an intraday basis (no gaps), I might consider shorting for a day trade. Other than that, I haven't much else to say.

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