'Trading is a process of observing the market's action until such a time you can find and form trading ideas and get involved.'**

Monday, December 20, 2010

Observe & Trade

It's a hard sell off in the market.

Looks like it won't recover from hereon.

Might stay idle (flat) for a while, maybe up to the close.

Though TF and NQ already risen from the "cave", but it is doubtful to make a move.

Might as well stay on the sideline.