I see really small trading volume during this week. Where are big boys ? I think everybody is already waiting for next week , for FED decision about interest rates. Most of traders expect another cut, issue is only how big. I think that it will be 0.25% .

Last 2 days rally activated most of my stops in short trades. So I am now more in cash then in positions. For new longs I prefer to see some buyable bounce.

Right now I noticed significant weakness in RIMM and EBAY stocks. So they could be good candidates for short stock swing trade.

This entry was posted on Friday, December 7th, 2007 at 2:52 pm and is filed under Stock market chart analysis, Stock market comment, Stock pick. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.