Online Stock Trading | Triple witching Friday brings stocks a distribution day

Triple witching Friday brings stocks a distribution day


Filed Under Market Commentary |

Triple witching Friday boosted volume for stocks. Triple witchings will bring extra volume to stocks. Day 3 + a distribution day (despite a triple witching Friday) + lack of leadership make me continue to believe we are not going to confirm this recent rally. However, Monday is Day 4 and we’ll wait for the Market to tell us how to think. A few stocks that have perked my interests are FMD/UARM/AERTA/ININ.

I haven’t taken positions yet, but if you are not a NEWBIE 1-2 years experience you should remain in cash. Test buys can’t hurt, shorts are dangerous but test shorts may be effective. I have not done any work on shorts…but prior leaders are a great place to start.

I am officially on vacation…I will do my best to at least post something. The 25th, I hope to have somewhat of a Watch list out!

Enjoy,
MktSpec

Last 5 posts in Market Commentary

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Digg
  • del.icio.us
  • Netvouz
  • DZone
  • ThisNext
  • MisterWong
  • Wists
  • Bumpzee
  • StumbleUpon

Comments

One Response to “Triple witching Friday brings stocks a distribution day”

  1. Y.Y. on June 19th, 2006 7:26 am

    clhb wag jcom pwei med
    holding up very well in this market
    thoughts?

Leave a Reply