Tuesday, December 29, 2009
Case/Shiller Index and Consumer Confidence
Not much to look forward to today, but there will be a couple of data points coming out, nothing major, though. I am waiting to see if the bulls overplay their hand on a positive surprise, perhaps with the Consumer Confidence number at 10:00 AM. If we can get that last push higher, I will establish a small short. I am still hesistant to be an aggressive seller in this low volume environment.
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3 comments:
SOLD AMFI @ 1.22
HOLLA
-OL DAWG
As long as the market holds around 1125 on the SPX we're alright.
We might start range trading around this level again for another 1 to 2 % pop, which will be the cue.
We're still holding the range. Bull is still kickin..
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