The market is clearly much weaker in Europe, and that is what is dragging down the ES. I don't see much weakness in the US market. It is those jitters again about Greece. Its a good excuse to selloff and eliminate the overbought condition. Greece is having a bond offering and it is sell first and ask questions later in Europe.
I think we'll have a mild selloff today, but I am not very confident on that. I will be watching and waiting for a better short entry.
Tuesday, February 23, 2010
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1 comment:
Long CNLG @ 2.01
OL Dawg
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