SPDR S&P 500 (SPY)

[leftyg]

Lots of volatility, eh?? I wonder how many people have been stopped out of their positions today, only to see the price reverse again and go higher.

I have learned to set stops that protect against the catastrophe, but give plenty of room for intraday volatility. I am much more interested to see at what price traders are willing to hold positions overnight...that is far more telling that the scalping that goes on during market hours, imo.