Thursday, October 21, 2010

Range Bound

I don't see this as confirmation of anything but continued choppiness.  Since we are still above the low end of the range, I remain short with a view for covering if we get close to 1156.  We may accomplish that tomorrow morning.  In any case, I don't want to stay short past Friday lunch time.  If we close around 1170, I expect a gap down tomorrow. 

1 comment:

Anonymous said...

do you expect a gap down tomorrow regardless of how we close today?