Tuesday, September 7, 2010
PIIGS Simmering
Subtle rumblings in Europe have pressured the futures here. The European sovereign problems never went away, they were just forgotten for a while. Another hurdle for this market to overcome in the remaining few months. I still believe we'll have a fakeout rally to 1140 so I'm not overly excited to short except for quick trades. Expecting weakness till at least midday today, with some late day squeezing.
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2 comments:
The bulls have problems: http://img836.imageshack.us/img836/3328/ji07.jpg
hi petsamo, how are you? i miss you in the chat.
suberb
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