The market has been trading in a 4 point range for most of the day. I expected the market to show a bit more weakness today but the market isn't moving. I'm still short looking for lower levels tomorrow or Wednesday. Today will probably be a nothing day.
2 comments:
I disagree. Everyone knows that Mondays are for the bulls. If the bears did step aside for that reason and the bulls still could not muster a gain, that tells me they are running out of gas. I'm still short and will add to them soon.
This time, it looks like the Europeans are serious about dumping their markets. The US can then follow along. -Petsamo
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