SP today

[TrueValueSeeker]

You should not set stop loss on volatile or non large cap stocks period

Agree.  I do not set an automatic stop loss order. Instead, I monitor them very close.

[Mountainbiker]

Price actions for the last few days have been volatile, strange, and range bound...what might be the reasons??

[Spacchiusu]

Price actions for the last few days have been volatile, strange, and range bound...what might be the reasons??

It certainly is strange, I can't really understand it either. Seems like there isn't a desire to push it well over 17 before new info hitting the market. Obviously it doesn't take a lot of volume to push the price one way or an other, but I also am perplexed by it.

[TrueValueSeeker]

Today's battle is whether can close above last week 17.02. If it is above 17.02, then it is three straight up weeks.

[Mountainbiker]

Frustrating...someone is selling it down ...hmmmm

[reg]

Today's battle is whether can close above last week 17.02. If it is above 17.02, then it is three straight up weeks.

would make 4 weeks up

[Mountainbiker]

The seller comes back again at late day...hmmm

[TrueValueSeeker]

SP still hold above 17.00 after a big sell off at last minutes. Not bad for long NQ.

[Mountainbiker]

That is true, still holding firm, it was better than yesterday. Once we are thru this period of "consolidation/window dressing/squaing off positions/profit taking by a few etc...), we can go higher.

[Mountainbiker]

Shaking out the weak hands and momo traders.........