06 October 2010

5 OCT 2010, Tuesday

  • Broke to the upside of the consolidation on a POMO Day.  Give Da Boyz cash and they've been putting it to work.  It'll be nice to get through these POMO days and see what kind of real buying is there instead of Bennie and the Feds....it clouds things since it could all very well be an illusion.  Sure, call me paranoid...no problem.  
  • Today is the last POMO day...OCT 13th we'll find out if more is going to be scheduled.
  • Welcome to earnings season where price action can get wild in individual stocks.
  • In that 1165 area I have talked of in the past.  Will be interesting to see what happens in this area.

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