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:

  1. Anonymous12/29/2009 10:42:00 AM

    SOLD AMFI @ 1.22

    HOLLA

    -OL DAWG

    ReplyDelete
  2. Anonymous12/29/2009 10:58:00 AM

    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.

    ReplyDelete
  3. Anonymous12/29/2009 02:41:00 PM

    We're still holding the range. Bull is still kickin..

    ReplyDelete