Comments on: Stocks Close Higher http://blog.rebeltraders.net/2008/02/13/stocks-close-higher/ Stock Market and Financial Analysis Without The Hype Thu, 18 Mar 2010 16:50:16 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Lisa http://blog.rebeltraders.net/2008/02/13/stocks-close-higher/comment-page-1/#comment-1504 Lisa Wed, 13 Feb 2008 22:55:45 +0000 http://blog.rebeltraders.net/2008/02/13/stocks-close-higher/#comment-1504 Hi Noel! I wasn't impressed with how the Dow reached 12550, either. You're right that the conviction is just not there. For the most part, stocks were just drifting up. This is options expiration week, although some people don't think it matters to stocks, I think it does more often than not. It's the reason I rarely trade those Friday's, especially. Thank you for your kind words, you make me blush! ;) Feel free to email me anytime. Hi Noel! I wasn’t impressed with how the Dow reached 12550, either. You’re right that the conviction is just not there. For the most part, stocks were just drifting up. This is options expiration week, although some people don’t think it matters to stocks, I think it does more often than not. It’s the reason I rarely trade those Friday’s, especially.
Thank you for your kind words, you make me blush! ;) Feel free to email me anytime.

]]> By: Noel Thomas http://blog.rebeltraders.net/2008/02/13/stocks-close-higher/comment-page-1/#comment-1503 Noel Thomas Wed, 13 Feb 2008 22:07:24 +0000 http://blog.rebeltraders.net/2008/02/13/stocks-close-higher/#comment-1503 Lisa, Noted this to Chuck this afternoon. The Dow did hit it's resistance level of 12,550. However, it did so on lackluster volume. According to e-Trade, 10-day average daily volume for the SPY's is 251M, volume on Wednesday was 1.81M. Doesn't appear to pinpoint much conviction. Love, your daily Market observations. You are a gifted writer. I am a major fan. Thanks for all your hard work. Best Always, Noel Thomas ( A Chicago Rebel Trader) Lisa,

Noted this to Chuck this afternoon. The Dow did hit it’s
resistance level of 12,550. However, it did so on lackluster
volume. According to e-Trade, 10-day average daily volume
for the SPY’s is 251M, volume on Wednesday was 1.81M.
Doesn’t appear to pinpoint much conviction.

Love, your daily Market observations. You are a gifted
writer.

I am a major fan.

Thanks for all your hard work.

Best Always,

Noel Thomas ( A Chicago Rebel Trader)

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