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Wednesday, November 9, 2011

Cara Community

Cara Community


Tables & Charts for Tuesday, Nov 8th, 2011

Posted: 08 Nov 2011 09:03 PM PST

Bill Cara's Blog for Nov 8, 2011

Posted: 08 Nov 2011 04:00 AM PST

CTA Trading Desk Morning Report

[9:15am ET] Good morning, Geoff here.

While we wait on a resolution to the European debt issues, the market continues to trade and I liked the market action yesterday. We got a little weakness and then buyers came in to bid stocks higher. Those buyers were buying the dip, which is the position that we have been writing about recently. I like to get in on a trade before others realize, but once the trade is on you need others to jump in too – let's hope this lasts for a few weeks at a minimum.

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