Thursday, June 10, 2010

Turning Neutral

The bears blew it.  They could have really tried to take this market down but they don't have the ammo.  The time window for real pain was this week, but nothing serious happened.  Thus the bulls bought some time.  I don't think they can take the market above 1120, but I wouldn't rule out 1105-1110.  I will wait for an easy trade, the picture is too muddy right now.

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