8 SEP 2009, Tuesday

1. The chart above shows percentage swings and how many trading days / calendar days to complete those swings over the past 2 years for reference. Click it to enlarge.
2. Alright...it's post Labor Day. "Da Boyz" are back from the Hamptons and they swing the big bucks. We'll have to see what they want to do.
3. The market continues making higher swing highs so it is definitely going up. Volatility is increasing intraday which is indicative of a bull/bear battle beginning. Who wins and for how long is the question? Trading this market has been very difficult. I'm looking forward to trying to get into a position that I can hold for awhile.
4. I feel like a hunter that's been sitting in this darned tree stand forever waiting for the next target. But that's Ms. Market for you. She'll do whatever she needs to do to frustrate the most people in order to get them off balance and lose focus. Then...WHAM!