Snoozefest

Besides the bear barbeque, there wasn’t much happening today. The indices were contained in narrow ranges and ended basically unchanged. The NASDAQ printed its second doji candlestick pattern in as many days. Doji show a stalemate and/or confusion. In this case I think its the former as I doubt many people want to put themselves out there ahead of the Fed decision on Wednesday afternoon.

Comments

  1. Posted by jtaylor118 on November 8, 2004 at 11:24 pm

    Trader Mike, your site is greatly improved. Nice work. It’s amazing how a well selected typeface can make you look smarter. Fun to see the stock blogosphere growing before my eyes. Six months ago, maybe two blogs to follow. Now, 4-5 good ones. Thanks.

    jdt

  2. Posted by Michael on November 8, 2004 at 11:33 pm

    Thanks. I feel smarter too. ;-)