Thursday, September 16, 2010

Looking for Weakness

We are teetering on the edge of a cliff.  It isn't a big cliff, but most of the signals are telling me we are going to be weak for the next few hours.  But we probably won't finish near the day's lows because so many are looking to get in on pullbacks.  So weaker intraday till 2-3 PM and then higher in the final hour. 

1 comment:

Petsamo said...

Range-bound makes sense. Tomorrow we get consumer sentiment.