The real market challenge for average folks is that most of the movement is happening after hours. Last night the futures hit a low of 1295 and opened this morning around 1313. Now that move overnight would have give an average person who was short huge returns but since there is no way to play over night action if you are an average guy, the big guys just rack up. This is one of the reasons why the big boys can still make money and the small guy can't.
So where does that leave us today. Well I am hoping we do get a turn around tuesday but almost 30 mins into regular trading we are just bouncing around opening prices.
Tuesday, July 12, 2011
Subscribe to:
Posts (Atom)
