Market Chop & Pullbacks Galore
November 10th, 2005 by BWV
The indicies did not hold those gains from yesterday’s lunchtime rally.. and after making new lows for the last 7-8 days this morning, we’re basically back to yesterday’s 11:30am levels. This volatile back/forth chop will set up a move out of this little 2-week range.. probably soon, and probably up.
I did make a few buys yesterday.. I could have gotten better prices today, but that’s just hindsight. Like everyone’s, mine is always 20/20.
- EXP is a concrete and construction materials stock (spunoff from Centex Homes, symbol CTX, in 1995). The market’s reaction to their earnings report was that big volume up bar on 11/2. I bought this pullback.
Also picked up ASPM (medical equipment) and ABP (oil & gas) yesterday on these pullbacks:
Long EXP, ASPM, ABP
