We've been trading from 1168 to 1186 for most of the past 2 weeks, aside from a couple of false break outs. I don't know if it is churning or basing for a move higher. It feels like we should selloff next week but its not going to be as easy as I first expected. I will still be leaning more towards the short side next week, but it would be nice to short a market that is rallying into next week.
Expecting weakness in the 2nd half of the day today as funds lock up their profits.
skip to main |
skip to sidebar
Twitter Feed
Blog Archive
-
▼
2010
(886)
-
▼
10
(57)
- Churning
- Unusual Weakness
- Dips are Fleeting
- Lowering Expectations
- Weak Into Thursday
- Waiting for the Waves
- Front Running QE2
- Nothing Wrong
- Bullish Market
- Gap Up Monday
- Note on Currencies
- Ahead of the G20
- Out of the Short
- Failed Signal
- Gap Down Signal
- Range Bound
- Incredi-bull
- Going Short
- That Was It
- Story is Getting Old
- Changed Market
- Watch 1156
- Chop Until FOMC Meeting
- Dollar Bottoming
- Letting Out Air
- AAPL and IBM
- Going to 1180
- Mapping the Apex
- Another Comeback
- Bears Need Dentures
- GOOG and Bazooka Ben
- One More Down Day
- Out of the Short
- INTC and the Market
- Put/Call Very Low
- Watch the Dollar
- INTC Coming Up
- Fed Minutes
- Columbus Day is this Slow?
- Earnings Coming
- Headlines Repeating
- March/April 2010
- Weak Dollar Theme
- Leaders, Followers, and Laggards.
- Ahead of NFP
- Unusual Treasury Strength
- Covered
- Looking to Cover Soon
- Rigged Dice
- Dip Buyers Heaven
- Money Printing
- Call Me Crazy
- Floating On Air
- Continuation Tomorrow
- Corporate Buybacks Retail Sellbacks
- Topping Process Continues
- First of the Month Madness
-
▼
10
(57)
Search This Blog
Stock Twits
Posts
Followers
Favorite Books
About Me
Disclaimer
The information contained on this website and from any communication related to the author's blog is for informational purposes only. The analysis and commentary do not hold out as providing any financial, legal, investment, or other advice. In addition, no suggestion or advice is offered regarding the nature, profitability, suitability, sustainability of any particular trading or investment strategy. The materials on this website do not constitute an offer or advice and you should not rely on the information here to make or refrain from making any decision or take or refrain from taking any action. It is up to the visitors to make their own decisions, or to consult with a registered professional financial advisor.
No comments:
Post a Comment