'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, March 26, 2012

The market is on the upward move as shown from this chart, Russell 2000 (the small caps).

Switching my concentration to monitor the small caps which comprises all the small companies as compared with the S&P's and the Dow.

Though they all move almost in the same direction, this time I am preferring to concentrate with the Russell 2000 which is the equivalent of the IWM etf.