In terms of trading, we just got through another week of intense volatility and crazy trading and in the video I look at the issues we are facing right now. We did see a follow-through day on Wednesday, but for various reasons (all discussed within), that FTD seems completely dead in the water to me as of now. Cash remains the best place to be and patience remains key. With volatility remaining high and news remaining very imprortant (see Friday's action as a prime example), it is difficult to make any moves outside of an intraday time-frame. Yes, it is boring to do nothing, but trading isn't about the excitement, it's really about doing what's right. Sometimes it is boring.
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