Thursday, July 21, 2011

Market Feels Heavy

We are up over 1% but something feels heavy about this rally.  I expect a weak close.

4 comments:

Anonymous said...

There isn't going to be a weak close when some idiot unleashes a rumor about a debt deal done on the smallest dip. It's so ridiculous -- how many times will this market go up on such a non-news?

Anonymous said...

this isn't a market. you guys are trading the matrix

Anonymous said...

I know huh, didn't the market already rally big on Tuesday over budget deal?

Market Owl said...

I can feel a grinding market coming soon. Volatility will die out till September. We will probably be at 1400 by then.