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

Thursday, May 24, 2012

Thursday's Ugly Market

The market (QQQ, Nasdaq) did not do any good today except to give up what was gain yesterday.

A choppy downward trend to say the least.

Though the Dow and the S&P did some little convincing move, the Nasdaq made an "ugly" move.