Pre-Holiday Profit Taking

Submitted by My Ambitions as a Trader and Investor

Pre-holiday profit taking is begining to have a negative effect on some of the stocks out there (SXCI), while others such as RRST, continue to experience higher demand. As more and more traders and institutional investors abandon their trading desks in favor of reclining beach chairs, we can expect volume to continue to decrease all across the board. I on the other hand will not be on vacation. Instead, I'll be looking for opportunities to catch new stocks before they start moving and snatching up others that have pulled back due to profit taking. Besides, I'd rather take my vacation in the winter....

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