Buzzsaw

By -

Anybody notice a bit of a trend here? Check out these intraday graphs.

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Skilled and nimble day traders must be having the time of their lives with this market. Up, down, up, down, regular as clockwork. The best of them are surely making a fortune.

For myself, simple swing trader that I am, I have simply culled any livestock from my metaphorical herd that are underperforming. I remain steadfastly short, although more like 160% instead of 200%. Powell makes me skittish.