Friday, June 11, 2010

Quiet Trade

After the big rally yesterday, I don't expect any fireworks today.  The market held support at 1040 and the paper napkin chartists will breathe a sigh of relief.  We may have some early weakness as traders reduce risk ahead of the weekend.  I won't do much until we go at least 30 points higher or 50 points lower. 

1 comment:

Petsamo said...

Retail sales are bad. Consensus is +0.4%, actual number is -1.2%.