A Lack of Volume!

by Larry Levin

Well there was some retracement today (Monday), but my main complaint was a lack of decent volume. The trade was very slow today and I'm looking for a little bit more volatility.

But I really shouldn't complain, because other than the last few days, it's been really good action. I know I've tried to take advantage of it, but I believe the best is yet to come.

We are at the top end of the range. We are trading back near 1500 in the S&P futures contract and I believe we are primed for a move back down. So keep an eye out for "Good News!"

That's right, keep an eye out for "Good News" because it will tell the market the Fed shouldn't lower rates, and that will push the market down.

I know it sounds crazy, but it's the way the crazy market reacts these days! Watch and you'll see!

Real Time Trading Signals* for

Trade Date: 12/3/07

E-Mini S&P Trades*
(before fees and commissions):

8:34 VA bUy 79.00 = +.75, b/e, -1.50

8:46 VA Sell 79.25 = +.50, +.75, +.75

9:18 ID VA Sell 76.25 = +.75, b/e, -1.25

10:06 VA Buy 79.00 = +.75, -1.50, -1.50

10:31 VA Buy 79.00 = +.75, +3.00, +1.25

1:04 OTF Sell 76.75= +.75, +.75

1:34 ID VA sell 75.75 = +.75, +1.00, -1.00

2:11 FT Sell 73.50 = +.75, -1.75, -1.75

2:31 FT Buy 77.00 = +.75, -.50

E-Mini Russell Trades*
(before fees and commissions):

1) Buy @ 10:08am at 766.3 = +.7 & b/e

2) Buy @ 10:15am at 764.9 = +.5 (1 lot)

3) Buy @ 10:32am at 766.7 = +.5 & +1.3

4) Sell @ 2:22pm at 763.9 = -1.4, -1.4, -1.


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