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Inside the Tape finalizes 2007 with a very solid start. Despite a market that has marked time with the S&P 500 losing ground, we have managed to find some excellent stocks and play them both long and short. Tonight we take a look at each of our core holdings and discuss an add for tomorrow morning.
The markets look as if they will finished the year in a mixed fashion, coiling up ahead of a big break. The only question is, in which direction will the break be?
Typically, a trader’s emotional capital becomes depleted because they are trading emotionally. They have not yet adopted a set of rules that govern there trading and are ultimately guessing on what to do or how to trade.
The markets took a turn lower today as the Santa Clause rally came to an end and traders were faced with harsh ‘real world’ realities. While the selling was intense it has yet to negate all of the technical improvement we have seen in the last several weeks and we must remain open minded going forward.
