Keep Your Trading Light

The volume will be low and the ranges will be compressed.

PRE-OPEN MARKET COMMENTS MONDAY - Overseas markets were very quiet and the action will be light this week. If you force trades you will regret it. This is a time to lay low and to enjoy your time with friends and family. Normally, I would try to ride some long swing trades into year end, but we are sidelined. The price action told us to get out and that was a good decision. Now that we've seen a round of heavy selling, we are less inclined to buy on the notion that we will get a Santa Claus rally.

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