Trades today- DRYS, CHL. Missed- BCSI

I took two quick trades on DRYS and CHL. Both were in the green so to say but small ones. Missed the trade on WFMI that would have been another textbook trade.

Low volume continues to plague the indices with continued speculation about retesting the lows from the credit meltdown. The financial are not showing much strength which is a cause of concern. In the meantime, I think I will be on the sidelines of scalping trades till I see signs of direction from this market.

One ETF to keep an eye on is EWH that trends the Hond Kong SE. The gap up on Thursday from news that mainland China inverstors can now invest in the Hong Kong stock exchange is holding up well so far. Will the craziness of the shanghai index infect the hang Seng like bird flu? Hehe